Oklahoma Code § 18-2019
Oklahoma Code § 18-2019. Reproduced from the official Oklahoma Statutes, with a citation summary, verification link, and related provisions.
§ 18-2019.
Managers as agents.
MANAGERS AS AGENTS
A. Every manager is an agent of the limited liability company
for the purpose of its business, and the act of every manager,
including the execution in the limited liability company name of any
instrument for apparently carrying on the business of the limited
liability company of which he is a manager, binds the limited
liability company, unless the manager so acting lacks the authority
to act for the limited liability company in the particular matter,
and the person with whom he is dealing has knowledge of the fact
Oklahoma Statutes - Title 18. Corporations
that he has no such authority. The unauthorized acts of the manager
shall bind the limited liability company as to persons acting in
good faith who have no knowledge of the fact that the manager had no
such authority.
B. Subject to the provisions of subsection A of this section
and Section 2019.1 of this title, instruments and documents
providing for the acquisition, mortgage, or disposition of real or
personal property of the limited liability company shall be valid
and binding upon the limited liability company if executed by one or
more of its managers.
Added by Laws 1992, c. 148, § 20, eff. Sept. 1, 1992. Amended by
Laws 1993, c. 366, § 10, eff. Sept. 1, 1993; Laws 2017, c. 323, §
41, eff. Nov. 1, 2017.
Source: official Oklahoma text · Last verified 2026-08-27
At a glance
- Citation: Oklahoma Statutes § 18-2019
- Jurisdiction: Oklahoma
- Code: Oklahoma Statutes
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Oklahoma Statutes. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Oklahoma attorney.
Common questions
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The text above is transcribed from the Oklahoma Statutes, the codified statutes of Oklahoma. The official publisher link appears under "Verify the text" on this page.
What subject does Oklahoma Statutes § 18-2019 address?
It addresses the rule set out in the section text. Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
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