Each state has its own rulings for forming an LLC (Limited Liability Company) and Oklahoma is no exception. Learning the requirements for an Oklahoma LLC will help you decide whether to form one in that state and make the formation process go more smoothly if the answer is “yes”.
The name you select for your LLC must contain the words "limited liability company" or "limited company" or the abbreviations "LLC”, "LC”, "L.L.C.", or "L.C.". (The word limited may be abbreviated as Ltd. and the word company may be abbreviated as Co.) Your chosen name must be distinguishable from the name of any foreign or domestic corporation currently in existence or existing during the preceding three years; the name of any domestic or foreign general or limited partnership or LLC currently in good standing or registered or that was in good standing or registered during the preceding three years. Also, the name must be distinguishable from any trade name, fictitious name, or reserved name.
The following are Oklahoma’s requirements for the members and managers of LLCs:
In Oklahoma, you form an LLC by filing the Articles of Organization and paying the filing fee. Oklahoma’s LLC statute requires the following minimum information in the Articles of Organization:
Your LLC must appoint—and continuously maintain—a registered agent. The name and address of the registered agent must be listed on the Articles of Organization. The address must be a physical (street) address in Oklahoma. It cannot be a post office box. Your LLC’s registered agent must be available during normal business hours, year-round, to accept Service of Process and other important legal and tax documents for the business.
Oklahoma allows professionals, such as accountants, attorneys, and physicians, to form a professional limited liability company (PLLC).