Oklahoma § 18-2042 - Foreign limited liability company - Laws governing Powers, rights and privileges
Full text of Oklahoma Oklahoma Statutes § 18-2042 — Foreign limited liability company - Laws governing Powers, rights and privileges, with citation guidance and answers to common questions.
§ 18-2042. Foreign limited liability company - Laws governing Powers, rights and privileges
A. Subject to the Constitution of this state:
1. The laws of the state or other jurisdiction under which a
foreign limited liability company is organized shall govern its
organization and internal affairs and the liability of its managers
and members; and
2. A foreign limited liability company may not be denied
registration by reason of any difference between those laws and the
laws of this state.
B. A foreign limited liability company holding a valid
registration in this state shall have no greater rights and
privileges than a domestic limited liability company. The
registration shall not be deemed to authorize the foreign limited
liability company to exercise any of its powers or purposes that a
domestic limited liability company is forbidden by law to exercise
in this state.
Added by Laws 1992, c. 148, § 43, eff. Sept. 1, 1992.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 18-2042
What does Oklahoma Statutes § 18-2042 cover?
Section 18-2042 ("Foreign limited liability company - Laws governing Powers, rights and privileges") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Oklahoma § 18-2042?
A common citation format is "Oklahoma Statutes § 18-2042" (Oklahoma). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Oklahoma law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.
How does Oklahoma § 18-2042 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Oklahoma.