A limited liability company may be organized under the Oklahoma General Corporation Act for the purpose of carrying on any lawful business, purpose or activity, whether or not for property, except that a limited liability company may not conduct business as a bank or domestic insurer.

Laws 1992, SB 456, c. 148, § 3, eff. September 1, 1992; Amended by Laws 1997, SB 327, c. 418, § 1, eff. November 1, 1997 (superseded document available); Amended by Laws 2001, SB 610, c. 405, § 28, eff. November 1, 2001 (superseded document available).