Oklahoma does not have an independent worker cooperative statute; however, Oklahoma adopted the Uniform Limited Cooperative Association Act (ULCAA). The “Official Summary” of the ULCAA was prepared by the Drafting Committee on the Uniform Limited Cooperative Association Act of the National Conference of Commissioners on Uniform State Laws and includes specific reference to the "worker owned cooperative":
The cooperative industry includes many interests, including, but not limited to, farmers, consumers, financial groups, and insurance organizations. In the Act, a “cooperative” is defined as an unincorporated association (a “limited cooperative association”) of individuals or businesses that unite to meet their mutual interests by creating and using a jointly owned enterprise. The Act contemplates the formation of various types of limited cooperative associations, including marketing, advertising, bargaining, processing, purchasing, real estate, and worker owned cooperatives. A limited cooperative association under the Act can be organized to pursue any lawful purpose. For example, the Act would allow a group of wheat farmers to build a value-added pasta facility, keeping their business in a cooperative form while being able to attract and utilize investment capital. It might also be used by an urban food cooperative to attract investment capital to build facilities for the operation of the cooperative’s business.