Oklahoma § 18-2064

§ 18-2064.

Periodic statements and third-party certification.

PERIODIC STATEMENTS AND THIRD-PARTY CERTIFICATION.

A public benefit limited liability company shall no less than

biennially provide its members with a statement as to the limited

liability company's promotion of the public benefit or public

benefits set forth in its articles of organization and as to the

best interests of those materially affected by the limited liability

company's conduct. The statement shall include:

1. The objectives that have been established to promote such

public benefit or public benefits and interests;

2. The standards that have been adopted to measure the limited

liability company's progress in promoting such public benefit or

public benefits and interests;

3. Objective factual information based on those standards

regarding the limited liability company's success in meeting the

Oklahoma Statutes - Title 18. Corporations

objectives for promoting such public benefit or public benefits and

interests; and

4. An assessment of the limited liability company's success in

meeting the objectives and promoting such public benefit or public

benefits and interests.

Added by Laws 2021, c. 51, § 26, eff. Nov. 1, 2021.