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 profit, except that a limited liability company may not conduct business as a domestic insurer.

Added by 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 November 1, 1997 (superseded document available); Amended by Laws 2001, SB 610, c. 405, § 28, eff. November 1, 2001 (superseded document available); Amended by Laws 2003, HB 1522, c. 180, § 10, eff. November 1, 2003 (superseded document available).