SB476

Limited liability companies; providing exception to personal liability protections for members or managers. Effective date.

Introduced·2/3/25
Int Text

Oklahoma SB476 amends the reinstatement process for limited liability companies and registered series.

Oklahoma SB476 modifies the reinstatement process for limited liability companies and registered series. It specifies the conditions under which a company can be reinstated, including the submission of required information, payment of fees, and amendment of articles of organization. The bill also updates statutory references and sets an effective date of November 1, 2025.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
Judiciary Committee
Next
Committee decision

Sponsors

0
1
R
Democratic CaucusRepublican Caucus

History

Feb 4, 2025

Senate

Second Reading referred to Judiciary

Feb 3, 2025

Senate

First Reading

Feb 3, 2025

Senate

Authored by Senator Rader