House Bill 4429, effective November 1, 2026, enacts an uncodified statute regarding proxy advisory services.
Senate Bill 1641, effective November 1, 2026, amends the LLC and LP laws regarding formation, foreign registration and annual certificate filings.
House Bill 3498, effective November 1, 2026, (i) amends the General Corporation Law on a variety of topics including corporate powers, submission of matters for shareholder vote, director approval of instruments, interested directors and shareholders and controlling shareholder transactions, capital stock, ratification of defective corporate acts and stock, inspection of books and records, shareholders consent in lieu of meeting, electronic notices, domestic amendment, merger and consolidation, conversion, mortgage or pledge of assets, definitions, and registered series, and (2) amends the LLC law regarding division of LLCs.
Senate Bill 2184, effective May 6, 2026, amends the General Corporation Law regarding corporate names and certificates of incorporation. (see Secs. 26 & 27 of the bill)
Senate Bill 988, effective as noted in the bill, amends the Uniform Commercial Code by transferring payment of certain fees and administration of financing statements and the farm products filing system from the Secretary of State to the Oklahoma County Clerk
Case summaries
Limited Partnership
Icon at Norman Apartments, LP v. Warr, 2025 OK 42, decided June 17, 2025. The Oklahoma Supreme Court held that the transfer of partnership interests in a limited partnership to new owners cannot be treated as though title to real property owned by the limited partnership was transferred, changed or conveyed to another person. The court therefore vacated a judgment in favor of the county assessor that allowed an increase in the fair cash value of an apartment complex owned by a limited partnership of more than 5 percent based on an exception in the state constitution permitting such an increase when title to property is transferred, changed, or conveyed to another person. The court noted that in Oklahoma, a limited partnership is considered an entity separate and distinct from its partners. The property of a partnership is owned by the firm and not the individual partners. The court further noted that it was undisputed that the limited partnership owned the subject real property before the general and limited partnership interests in the limited partnership were transferred and remained owner after the transfer.
Other notices
There are no new notices at this time.