§18-2042. Foreign limited liability company - Laws governing -
145 words·~1 min read·
/ok/title-18-corporations/18-2042·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.