Oklahoma § 18-2054.3
Full text of Oklahoma Oklahoma Statutes § 18-2054.3, with citation guidance and answers to common questions.
§ 18-2054.3.
Appraisal rights.
Oklahoma Statutes - Title 18. Corporations
An operating agreement or other agreement may provide that
contractual appraisal rights with respect to a membership interest
or another interest in a limited liability company shall be
available for any class or group of members or membership interests
in connection with any amendment of an operating agreement, any
merger or consolidation to which the limited liability company is a
constituent party, any conversion of the limited liability company
to another business entity, any conversion of a protected series to
a registered series or a registered series to a protected series,
any division of the limited liability company, any plan of division,
any transfer to or domestication in any jurisdiction by the limited
liability company, or the sale of all or substantially all of the
limited liability company’s assets. The district court shall have
jurisdiction to hear and determine any matter relating to any
contractual appraisal rights.
Added by Laws 2004, c. 255, § 54, eff. Nov. 1, 2004. Amended by
Laws 2024, c. 121, § 12, eff. Nov. 1, 2024.
Frequently Asked Questions About Oklahoma § 18-2054.3
What does Oklahoma Statutes § 18-2054.3 cover?
Section 18-2054.3 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 § 18-2054.3?
A common citation format is "Oklahoma Statutes § 18-2054.3" (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 § 18-2054.3 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.