Oklahoma Statutes
Title 18. Corporations

§18-381.2a. Successor agency to Federal Savings and Loan Insurance Corporation - Construction of terms. - Wherever the terms "Federal Savings and Loan Insurance Corporation" or...

§18-381.3. Conformity of existing associations. - The certificate of incorporation and certificate of authority to transact...

§18-381.4. Existing capital accounts. - The shares of capital, savings share accounts or other capital...

§18-381.5. Abolition of Oklahoma Savings and Loan Board - Transfer of power, duties and responsibilities to State Banking Commissioner. - A. The Oklahoma Savings and Loan Board is abolished. The...

§18-381.6a. Records - Confidentiality. - A. The following records in the Oklahoma State Banking Department...

§18-381.7a. Examinations – Reports by associations - Penalty. - A. 1. The State Banking Commissioner shall, at least every...

§18-381.8a. Preservation of documents – Electronically stored or imaged documents or reproductions. - All documents which the Oklahoma State Banking Department is required,...

§18-381.10. Certificate of authority. - No association or foreign association shall transact business or operate...

§18-381.11. Supervision by State Banking Commissioner – Additional powers – Orders – Notice and hearing – Temporary orders – Cooperative agreements - Opinions. - A. The State Banking Commissioner shall have general supervision of...

§18-381.13. Savings and loan administrator. - The State Banking Commissioner may appoint a savings and loan...

§18-381.14. Limitation of liability. - The State Banking Commissioner, or any member of his staff...

§18-381.15. Examination and audit reports from Director of the Office of Thrift Supervision – Assessments and fees – Special examinations. - A. In the case of any insured association which is...

§18-381.16. Filing requirements for new mutual and stock associations. - At any time hereafter when ten or more individuals, residents...

§18-381.17. Contents of certificate of incorporation. - The certificate of incorporation shall set forth: 1. The name...

§18-381.18. Application and supporting data. - The application for a certificate of authority to transact business...

§18-381.19. Order – Certificate of authority. - The State Banking Commissioner shall act upon and issue an...

§18-381.20. Payment into escrow account - Required savings capital. - A. Before a certificate of authority is issued for a...

§18-381.21. Corporate existence - Organizational meeting. - The corporate existence of an association shall begin on the...

§18-381.22. Corporate name. - The name of every association hereafter incorporated pursuant to this...

§18-381.23. Exclusiveness of name. - No person, firm, company, partnership or corporation, either domestic or...

§18-381.24. Change of office location - Change of name. - No association shall move its main office or branch office,...

§18-381.24a. Branch banking - Deposit limitation – Certificate - Penalty. - A. Beginning on the effective date of this act, upon...

§18-381.24b. Detached facilities - Certificate - Making of loans prohibited - Penalty. - A. 1. Any association may maintain and operate, subject to...

§18-381.24c. Military savings facilities - Certificate - Application - Functions permitted - Penalty. - A. Any association may, subject to the approval of the...

§18-381.24d. Consumer banking electronic facilities - Assistance in operation of facility - Access - Authority of federal savings associations. - A. Any association may install, operate or utilize consumer banking...

§18-381.24e. Operations centers. - Upon written notice to the State Banking Commissioner, any association...

§18-381.24f. Origination of loans and deposit accounts at locations other than main or branch office. - Subject to rules as may be promulgated by the State...

§18-381.24g. Association subsidiary as agent of holding company. - A. Any association subsidiary of an association holding company may...

§18-381.25. Amendment of certificate of incorporation. - An amended certificate of incorporation must be signed and acknowledged...

§18-381.26. Bylaws - Resolutions of savings and loan associations - Limiting director's liability. - A. The bylaws of every association shall prescribe the notice...

§18-381.27. Membership and voting rights. - Every holder of a deposit account of a mutual association...

§18-381.28. Members meetings. - An annual meeting of the members or stockholders of each...

§18-381.29. Voting by proxy. - At any meeting of the members or stockholders of an...

§18-381.30. Quorum. - At an annual meeting or at any special meeting of...

§18-381.31. Directors. - A. The operating and business policies of each association shall...

§18-381.31a. Examination of association affairs by board of directors. - The board of directors of every association shall examine, at...

§18-381.32. Officers. - The officers of an association shall consist of a president...

§18-381.33. Indemnification - Directors, officers, employees and agents. - Any association shall have power to indemnify any person who...

§18-381.34. Fidelity bonds - Waiver. - Every association must protect itself against loss of money or...

§18-381.36. Reserves and liquidity. - Every association shall set up and maintain reserves for the...

§18-381.37. Capital - Deposit accounts - Liability. - A. A mutual association may raise capital in the form...

§18-381.38. Classification of deposit accounts. - Any association may classify its deposit accounts according to the...

§18-381.39a. Joint accounts – P.O.D. accounts – Designation of beneficiaries - Payment. - A. When a deposit has been made or shall hereafter...

§18-381.40a. Totten Trusts – Express trusts - Payment. - A. Whenever any deposit shall be made in an association...

§18-381.41a. Deposit accounts with minors – Authority to control – Loans to minors prohibited. - A. Except as otherwise provided by this section, an association...

§18-381.42. Deposit accounts of incompetents. - When a deposit account is held in any association or...

§18-381.43. Deposit accounts of administrators, executors, conservators, guardians, trustees or other fiduciaries. - Any association or federal association may accept deposit accounts in...

§18-381.44. Payment to administrator or executor of deceased nonresident. - When a deposit account is held in any association or...

§18-381.45. Power of attorney - Revocation. - Any association or federal association may continue to recognize the...

§18-381.46. Right to withdraw. - The holder of a deposit account in an association shall...

§18-381.47. Notice and payment of withdrawals. - With respect to deposit accounts, an association may require such...

§18-381.48a. Sole owner accounts without payable-on-death beneficiary – Transfer of deposits to known heirs - Affidavit. - A. When a deposit has been made in an association...

§18-381.49. Earnings on deposit accounts. - With the exception of interest at a rate fixed, or...

§18-381.50. Requirements to become deposit-type association or stock association. - A. Any mutual association may become a deposit-type association and...

§18-381.51. Deposits authorized. - An association may accept deposits for fixed, minimum or indefinite...

§18-381.52a. Additional association powers and authorities – Special or fiduciary duties or obligations. - In addition to other provisions of the Oklahoma Savings and...

§18-381.52b. Deposit accounts that may be provided. - An association may provide all types of deposit accounts unless...

§18-381.53a. Permanent capital stock - Treasury stock - Redemption - Paid-in surplus - Dividends - Minimum capital requirements. - A. Permanent capital stock shall consist of common stock, which...

§18-381.53b. Impairment of permanent capital stock - Notice - Appraisals - Assessments. - A. If the State Banking Commissioner, as a result of...

§18-381.53c. Refusal or neglect to pay assessment - Sale of stock - Payment of assessment. - A. If any stockholder shall refuse or neglect to pay...

§18-381.53d. Proceeds from assessment - Disposition. - The proceeds from any assessment, less the cost of any...

§18-381.53e. Permits to sell stock - Application - Issue of permit - Conditions - Amendment, alteration or revocation. - No association shall sell, offer for sale, negotiate for the...

§18-381.53f. Insurance. - All insured associations shall keep in force, at all times,...

§18-381.54. General powers. - Associations shall have the powers enumerated, authorized and permitted by...

§18-381.55. Investment in real property. - In addition to any powers of investment permitted pursuant to...

§18-381.56. Investment in securities. - In addition to any powers of investment permitted pursuant to...

§18-381.57. Loans. - Associations shall have power to invest, sell, or otherwise deal...

§18-381.58. Loan rates of interest. - All contracts of an association for the loan of money...

§18-381.59. Conversion into federal association. - At an annual meeting or at any special meeting of...

§18-381.60. Conversion into state-chartered association. - At an annual meeting or at any special meeting of...

§18-381.61. Merger or consolidation. - Pursuant to a plan agreed upon by at least two-thirds...

§18-381.62. Voluntary liquidation. - A. With the approval of the State Banking Commissioner, an...

§18-381.63a. Purchase and sale of assets and business of association - Authorization and approval - Assumption of certificates of deposit - Transfer of fiduciary positions. - A. Any association may sell to any other association, federal...

§18-381.64. Authorized foreign associations. - Except as this act otherwise provides, no foreign association shall...

§18-381.65. Limited certificate of authority - Activities of unauthorized associations. - A. A federal association not having its main office or...

§18-381.66. Federal associations. - Federal associations are not deemed to be foreign associations. Unless...

§18-381.66a. Conversion into national banking association or Oklahoma-chartered bank - Vesting of property rights - Pending actions - Conversion of mutual associations - Disposition of preexisting reserves. - A. At an annual meeting or at any special meeting...

§18-381.66b. Conversion of national banking association or Oklahoma-chartered bank into stock association. - A. At an annual meeting or at any special meeting...

§18-381.66c. Merger of national banking associations or Oklahoma-chartered banks into stock association - Approval by boards of directors - Terms of agreement - Approval by Board - Approval by stockholders. - A. Upon approval of the State Banking Commissioner, one or...

§18-381.66d. Merger of stock association into national banking association - Rights and liabilities of association and stockholders - Applicable law. - Nothing in the law of this state shall restrict the...

§18-381.71. Definitions. - As used in this section and Sections 381.72 and 381.73...

§18-381.73. Acquisition of control - Prohibited transactions - Approval of acquisition - Branching, acquisition and conversion by subsidiaries - Limitations and restrictions - Applicable law - Penalties. - A. An out-of-state savings institution, upon approval by the State...

§18-381.74. Taking possession by Commissioner. - A. Except as otherwise provided in this act, the State...

§18-381.75. Reorganization plan. - A. A plan of reorganization shall not be acceptable unless:...

§18-381.76. Liquidation by Commissioner. - A. In liquidating an association, the State Banking Commissioner may...

§18-381.77. Liquidation by Federal Deposit Insurance Corporation. - A. The Federal Deposit Insurance Corporation (FDIC) may act without...

§18-381.78. Removal of officer, director or employee by Commissioner. - Any officer, director or employee of an association found by...

§18-381.79. Appeal of orders. - Any final order of the Commissioner issued under this act...

§18-381.80. Criminal offenses - Penalties. - A. Any person responsible for an act or omission or...

§18-381.81. Payment or reimbursement by association for fine, penalty or judgment upon another person. - It shall be unlawful for an association to pay a...

§18-381.82. Receipt of deposit after notification of insolvency. - It shall be unlawful for an association to receive any...

§18-381.83. Certain persons prohibited from serving as officer or director. - It shall be unlawful for any person to serve as...

§18-381.84. Criminal embezzlement, abstraction, or misapplication of association funds. - It shall be a criminal offense for any officer, director,...

§18-381.85. Publishing, uttering, or circulating false statement or representation. - It shall be unlawful for any person to publish, utter,...

§18-381.86. Injunctions – Enforcement of orders. - A. Whenever a violation of this act by an association...

§18-411. Reports - Misapplication of funds solicited. - Thirty (30) days after the passage and approval of this...

§18-421. Corporations authorized - Formation - Purposes. - Ten or more persons may form a corporation for the...

§18-422. Articles of incorporation. - The incorporators shall sign and acknowledge, in the manner required...

§18-423. Filing of articles - Certificate - Election by existing corporations. - The articles of incorporation shall be filed with the Secretary...

§18-424. Amendment of articles. - The articles of incorporation may be amended at any time,...

§18-425. Powers. - Each corporation formed under the provisions of this act shall...

§18-426. Stock. - The stock of such corporation shall not be sold at...

§18-427. Voting rights. - Each shareholder or subscriber shall be entitled to one vote,...

§18-428. Liability of subscribers and shareholders. - All subscribers or shareholders shall be severally and individually liable...

§18-429. Directors - Selection and term - Quorum. - The stock, property and affairs, of such corporation shall be...

§18-430. Removal of director or officer - Vacancies. - Any director or officer of such corporation may be removed...

§18-431. Liability of directors. - If the indebtedness of such corporation shall at any time...

§18-432. Dividends and profits - Reserve fund. - The directors, subject to revision by the stockholders, at any...

§18-433. Illegal dividends - Liability of directors. - If the directors of such corporation shall declare and pay...

§18-434. Financial statements. - At the time of each dividend or apportionment of profits...

§18-435. Use of word "cooperative". - No person, firm or association, nor any corporation other than...

§18-436. Forfeiture of charter. - Any corporation organized under this act, which fails to comply...

§18-437. Short title. - This act may be cited as the "Rural Electric Cooperative...

§18-437.1. Rural electric cooperatives authorized. - Cooperative, nonprofit, membership corporations may be organized under this act...

§18-437.2. Powers. - A cooperative shall have power: (a) To sue and be...

§18-437.3. Name. - The name of each cooperative shall include the words "electric"...

§18-437.4. Incorporators. - Five or more natural persons, or two or more cooperatives,...

§18-437.5. Articles of incorporation. - (a) The articles of incorporation of a cooperative shall recite...

§18-437.6. Bylaws. - The original bylaws of a cooperative shall be adopted by...

§18-437.7. Members. - A. No person who is not an incorporator shall become...

§18-437.8. Board of trustees. - (a) The business and affairs of a cooperative shall be...

§18-437.9. Voting districts. - Notwithstanding any other provision of this act, the bylaws may...

§18-437.10. Officers. - The officers of a cooperative shall consist of a president,...

§18-437.11. Amendment of articles of incorporation - Change of location without amending articles. - (a) A cooperative may amend its articles of incorporation by...

§18-437.12. Consolidation. - Any two or more cooperatives, each of which is hereinafter...

§18-437.13. Merger. - Any one or more cooperatives, each of which is hereinafter...

§18-437.14. Effect of consolidation or merger. - The effect of consolidation or merger shall be as follows:...

§18-437.15. Conversion of existing corporations. - Any corporation organized under the laws of this state for...

§18-437.16. Initiative by members. - Not withstanding any other provision of this act, any proposition...

§18-437.17. Dissolution. - A cooperative may dissolve in the manner provided by law...

§18-437.18. Filing of articles - Certificate of incorporation - Filing. - Articles of incorporation, amendment, consolidation, merger or conversion, as the...

§18-437.19. Refunds to members. - Revenues of a cooperative for any fiscal year in excess...

§18-437.20. Disposition of property. - A cooperative may not sell, mortgage, lease or otherwise dispose...

§18-437.21. Nonliability of members, trustees and officers for debts of cooperative. - No member, trustee or officer of the cooperative shall be...

§18-437.22. Waiver of notice. - Whenever any notice is required to be given under the...

§18-437.23. Foreign corporation. - Any corporation organized on a nonprofit or a cooperative basis...

§18-437.24. Fees. - The Secretary of State shall have charge and collect for:...

§18-437.25. Exemption from excise and income taxes - License fee. - Each cooperative and each foreign corporation transacting business in this...

§18-437.27. Oklahoma Uniform Securities Act of 2004 exemption. - The provisions of the Oklahoma Uniform Securities Act of 2004,...

§18-437.28. Definitions. - In this act, unless the context otherwise requires; (a) "Rural...

§18-437.29. Construction of act. - This act shall be construed liberally. The enumeration of any...

§18-438.1. Short title of act. - This act may be cited as the "Telephone Cooperative Corporations...

§18-438.2. Organization authorized - Purpose. - Cooperative, nonprofit corporations may be organized under this act for...

§18-438.3. Definitions. - As used in this act: 1. "Cooperative" means any corporation...

§18-438.4. Powers of cooperative. - A cooperative shall have power: 1. To sue and be...

§18-438.5. Name. - The name of a cooperative shall include the words "telephone"...

§18-438.6. Incorporators. - Five or more natural persons who are residents of the...

§18-438.7. Articles of incorporation. - Articles of incorporation of a cooperative shall recite that they...

§18-438.8. Bylaws. - The board of trustees shall adopt the first bylaws of...

§18-438.9. Membership - Shares of stock - Qualification as patron. - A. Each incorporator of a cooperative shall be a member...

§18-438.10. Meetings of members. - A. An annual meeting of the members of a cooperative...

§18-438.11. Waiver of notice of meeting. - Any person entitled to notice of a meeting may waive...

§18-438.12. Board of trustees. - A. The business of a cooperative shall be managed by...

§18-438.13. Division of territory into districts. - The bylaws may provide for the division of the territory...

§18-438.14. Officers. - The officers of a cooperative shall consist of a president,...

§18-438.15. Amendment of articles of incorporation. - A cooperative may amend its articles of incorporation by complying...

§18-438.16. Change of location of principal office. - A cooperative may, upon authorization of its board of trustees...

§18-438.17. Consolidation of cooperatives. - Any two or more cooperatives (each of which is hereinafter...

§18-438.18. Merger of cooperatives. - Any one or more cooperatives (each of which is hereinafter...

§18-438.19. Effect of consolidation or merger. - (a) In the case of a consolidation the existence of...

§18-438.20. Conversion of other corporations into cooperatives. - A. Any corporation organized under the laws of this state...

§18-438.21. Dissolution. - A. A cooperative which has not commenced business may be...

§18-438.22. Presentation and filing of papers with Secretary of State. - Articles of incorporation, amendment, consolidation, merger, conversion, combined consolidation and...

§18-438.23. Operation for mutual benefit - Disposition of receipts and revenues. - A cooperative shall be operated on a nonprofit basis for...

§18-438.24. Mortgages, deeds of trust or pledges - Sale, lease, etc. - A. The board of trustees of a cooperative shall have...

§18-438.25. Members and shareholders not liable for debts. - No member or shareholder shall be liable or responsible for...

§18-438.26. Recording instruments - Lien. - Any mortgage, deed of trust or other instrument executed by...

§18-438.27. Safety standards. - Construction of communication lines and facilities by a cooperative shall,...

§18-438.28. Acknowledgment of instruments. - No person who is authorized to take acknowledgments under the...

§18-438.29. Foreign nonprofit or cooperative corporation - Extensions of lines into state. - Any foreign nonprofit or cooperative corporation furnishing or authorized to...

§18-438.30. Connections with other lines. - Any cooperative or foreign corporation doing business in this state...

§18-438.31. Rates. - The Corporation Commission shall have the power and authority to...

§18-438.32. Approval of Corporation Commission - Orders - Certificate not required. - A. Subject to paragraph 4 of Section 438.4 of this...

§18-438.33. Cooperatives, nonprofit and mutual corporations and associations subject to act - Corrected articles of incorporation. - A. Existing domestic and domesticated cooperatives, nonprofit and mutual corporations...

§18-438.34. Partial invalidity. - If any provision of this act, or the application of...

§18-438.35. Act deemed amendment of Constitution. - It is hereby expressly declared by the Legislature that this...

§18-439.1. Conversion of grain elevator corporations to cooperatives - Procedure. - Any corporation organized under the laws of this state for...

§18-439.2. Filing articles of conversion with Secretary of State - Issuance of certificate of conversion. - Articles of conversion, when executed and acknowledged and accompanied by...

§18-441-101. Short title. - SHORT TITLE. Sections 1 through 149 of this act shall...

§18-441-102. Definitions. - DEFINITIONS. In the Uniform Limited Cooperative Association Act of 2009:...

§18-441-103. Limited cooperative association subject to amendment or repeal of the Uniform Limited Cooperative Association Act of 2009. - LIMITED COOPERATIVE ASSOCIATION SUBJECT TO AMENDMENT OR REPEAL OF THE...

§18-441-104. Nature of limited cooperative association. - NATURE OF LIMITED COOPERATIVE ASSOCIATION. (a) A limited cooperative association...

§18-441-105. Purpose and duration of limited cooperative association. - PURPOSE AND DURATION OF LIMITED COOPERATIVE ASSOCIATION. (a) A limited...

§18-441-106. Powers. - POWERS. A limited cooperative association may sue and be sued...

§18-441-107. Governing law. - GOVERNING LAW. The law of this state governs: (1) The...

§18-441-108. Supplemental principles of law. - SUPPLEMENTAL PRINCIPLES OF LAW. Unless displaced by particular provisions of...

§18-441-109. Requirements of other laws. - REQUIREMENTS OF OTHER LAWS. (a) The Uniform Limited Cooperative Association...

§18-441-110. Relation to restraint of trade and antitrust laws. - RELATION TO RESTRAINT OF TRADE AND ANTITRUST LAWS. To the...

§18-441-111. Name. - NAME. (a) Use of the term “cooperative” or its abbreviation...

§18-441-112. Reservation of name. - RESERVATION OF NAME. (a) A person may reserve the exclusive...

§18-441-113. Effect of organic rules. - EFFECT OF ORGANIC RULES. (a) The relations between a limited...

§18-441-114. Required information. - REQUIRED INFORMATION. (a) Subject to subsection (b) of this section,...

§18-441-115. Business transactions of member with limited cooperative association. - BUSINESS TRANSACTIONS OF MEMBER WITH LIMITED COOPERATIVE ASSOCIATION. Subject to...

§18-441-116. Dual capacity. - DUAL CAPACITY. A person may have a patron member’s interest...

§18-441-117. Designated office and agent for service of process. - DESIGNATED OFFICE AND AGENT FOR SERVICE OF PROCESS. (a) A...

§18-441-118. Change of designated office or agent for service of process. - CHANGE OF DESIGNATED OFFICE OR AGENT FOR SERVICE OF PROCESS....

§18-441-119. Resignation of agent for service of process. - RESIGNATION OF AGENT FOR SERVICE OF PROCESS. (a) To resign...

§18-441-120. Service of process. - SERVICE OF PROCESS. (a) An agent for service of process...

§18-441-201. Signing of records delivered for filing to Secretary of State. - SIGNING OF RECORDS DELIVERED FOR FILING TO SECRETARY OF STATE....

§18-441-202. Signing and filing of records pursuant to judicial order. - SIGNING AND FILING OF RECORDS PURSUANT TO JUDICIAL ORDER. (a)...

§18-441-203. Delivery to and filing of records by Secretary of State - Effective time and date. - DELIVERY TO AND FILING OF RECORDS BY SECRETARY OF STATE;...

§18-441-204. Correcting filed record. - CORRECTING FILED RECORD. (a) A limited cooperative association or foreign...

§18-441-205. Liability for inaccurate information in filed record. - LIABILITY FOR INACCURATE INFORMATION IN FILED RECORD. If a record...

§18-441-206. Certificate of good standing or authorization. - CERTIFICATE OF GOOD STANDING OR AUTHORIZATION. (a) The Secretary of...

§18-441-207. Annual report for Secretary of State. - ANNUAL REPORT FOR SECRETARY OF STATE. (a) A limited cooperative...

§18-441-208. Filing fees. - FILING FEES. The filing fees for records filed under the...

§18-441-301. Organizers. - ORGANIZERS. A limited cooperative association must be organized by one...

§18-441-302. Formation of limited cooperative association - Articles of organization. - FORMATION OF LIMITED COOPERATIVE ASSOCIATION; ARTICLES OF ORGANIZATION. (a) To...

§18-441-303. Organization of limited cooperative association. - ORGANIZATION OF LIMITED COOPERATIVE ASSOCIATION. (a) After a limited cooperative...

§18-441-304. Bylaws. - BYLAWS. (a) Bylaws must be in a record and, if...

§18-441-401. Authority to amend organic rules. - AUTHORITY TO AMEND ORGANIC RULES. (a) A limited cooperative association...

§18-441-402. Notice and action on amendment of organic rules. - NOTICE AND ACTION ON AMENDMENT OF ORGANIC RULES. (a) Except...

§18-441-403. Method of voting on amendment of organic rules. - METHOD OF VOTING ON AMENDMENT OF ORGANIC RULES. (a) A...

§18-441-404. Voting by district, class, or voting group. - VOTING BY DISTRICT, CLASS, OR VOTING GROUP. (a) This section...

§18-441-405. Approval of amendment. - APPROVAL OF AMENDMENT. (a) Subject to Section 36 of this...

§18-441-406. Restated articles of organization. - RESTATED ARTICLES OF ORGANIZATION. A limited cooperative association, by the...

§18-441-407. Amendment or restatement of articles of organization - Filing. - AMENDMENT OR RESTATEMENT OF ARTICLES OF ORGANIZATION; FILING. (a) To...

§18-441-501. Members. - MEMBERS. To begin business, a limited cooperative association must have...

§18-441-502. Becoming a member. - BECOMING A MEMBER. A person becomes a member: (1) As...

§18-441-503. No power as member to bind association. - NO POWER AS MEMBER TO BIND ASSOCIATION. A member, solely...

§18-441-504. No liability as member for association’s obligations. - NO LIABILITY AS MEMBER FOR ASSOCIATION’S OBLIGATIONS. Unless the articles...

§18-441-505. Right of member and former member to information. - RIGHT OF MEMBER AND FORMER MEMBER TO INFORMATION. (a) Not...

§18-441-506. Annual meeting of members. - ANNUAL MEETING OF MEMBERS. (a) Members shall meet annually at...

§18-441-507. Special meeting of members. - SPECIAL MEETING OF MEMBERS. (a) A special meeting of members...

§18-441-508. Notice of members meeting. - NOTICE OF MEMBERS MEETING. (a) A limited cooperative association shall...

§18-441-509. Waiver of members meeting notice. - WAIVER OF MEMBERS MEETING NOTICE. (a) A member may waive...

§18-441-510. Quorum of members. - QUORUM OF MEMBERS. Unless the organic rules otherwise require a...

§18-441-511. Voting by patron members. - VOTING BY PATRON MEMBERS. Except as provided by subsection (a)...

§18-441-512. Determination of voting power of patron member. - DETERMINATION OF VOTING POWER OF PATRON MEMBER. (a) The organic...

§18-441-513. Voting by investor members. - VOTING BY INVESTOR MEMBERS. If the organic rules provide for...

§18-441-514. Voting requirements for members. - VOTING REQUIREMENTS FOR MEMBERS. If a limited cooperative association has...

§18-441-515. Manner of voting. - MANNER OF VOTING. (a) Unless the organic rules otherwise provide,...

§18-441-516. Action without a meeting. - ACTION WITHOUT A MEETING. (a) Unless the organic rules require...

§18-441-517. Districts and delegates - Classes of members. - DISTRICTS AND DELEGATES; CLASSES OF MEMBERS. (a) The organic rules...

§18-441-601. Member’s interest. - MEMBER’S INTEREST. A member’s interest: (1) Is personal property; (2)...

§18-441-602. Patron and investor members’ interests. - PATRON AND INVESTOR MEMBERS’ INTERESTS. (a) Unless the organic rules...

§18-441-603. Transferability of member’s interest. - TRANSFERABILITY OF MEMBER’S INTEREST. (a) The provisions of the Uniform...

§18-441-604. Security interest and set-off. - SECURITY INTEREST AND SET-OFF. (a) A member or transferee may...

§18-441-605. Charging orders for judgment creditor of member or transferee. - CHARGING ORDERS FOR JUDGMENT CREDITOR OF MEMBER OR TRANSFEREE. (a)...

§18-441-701. Authority. - AUTHORITY. In this article, “marketing contract” means a contract between...

§18-441-702. Marketing contracts. - MARKETING CONTRACTS. (a) If a marketing contract provides for the...

§18-441-703. Duration of marketing contract. - DURATION OF MARKETING CONTRACT. The initial duration of a marketing...

§18-441-704. Remedies for breach of contract. - REMEDIES FOR BREACH OF CONTRACT. (a) Damages to be paid...

§18-441-801. Board of directors. - BOARD OF DIRECTORS. (a) A limited cooperative association must have...

§18-441-802. No liability as director for limited cooperative association’s obligations. - NO LIABILITY AS DIRECTOR FOR LIMITED COOPERATIVE ASSOCIATION’S OBLIGATIONS. A...

§18-441-803. Qualifications of directors. - QUALIFICATIONS OF DIRECTORS. (a) Unless the organic rules otherwise provide,...

§18-441-804. Election of directors and composition of board. - ELECTION OF DIRECTORS AND COMPOSITION OF BOARD. (a) Unless the...

§18-441-805. Term of director. - TERM OF DIRECTOR. (a) Unless the organic rules otherwise provide,...

§18-441-806. Resignation of director. - RESIGNATION OF DIRECTOR. A director may resign at any time...

§18-441-807. Removal of director. - REMOVAL OF DIRECTOR. Unless the organic rules otherwise provide, the...

§18-441-808. Suspension of director by board. - SUSPENSION OF DIRECTOR BY BOARD. (a) A board of directors...

§18-441-809. Vacancy on board. - VACANCY ON BOARD. (a) Unless the organic rules otherwise provide,...

§18-441-810. Remuneration of directors. - REMUNERATION OF DIRECTORS. Unless the organic rules otherwise provide, the...

§18-441-811. Meetings. - MEETINGS. (a) A board of directors shall meet at least...

§18-441-812. Action without meeting. - ACTION WITHOUT MEETING. (a) Unless prohibited by the organic rules,...

§18-441-813. Meetings and notice. - MEETINGS AND NOTICE. (a) Unless the organic rules otherwise provide,...

§18-441-814. Waiver of notice of meeting. - WAIVER OF NOTICE OF MEETING. (a) Unless the organic rules...

§18-441-815. Quorum. - QUORUM. (a) Unless the articles of organization provide for a...

§18-441-816. Voting. - VOTING. (a) Each director shall have one vote for purposes...

§18-441-817. Committees. - COMMITTEES. (a) Unless the organic rules otherwise provide, a board...

§18-441-818. Standards of conduct and liability. - STANDARDS OF CONDUCT AND LIABILITY. Except as otherwise provided in...

§18-441-819. Conflict of interest. - CONFLICT OF INTEREST. (a) The law applicable to conflicts of...

§18-441-820. Other considerations of directors. - OTHER CONSIDERATIONS OF DIRECTORS. Unless the articles of organization otherwise...

§18-441-821. Right of director or committee member to information. - RIGHT OF DIRECTOR OR COMMITTEE MEMBER TO INFORMATION. A director...

§18-441-822. Appointment and authority of officers. - APPOINTMENT AND AUTHORITY OF OFFICERS. (a) A limited cooperative association...

§18-441-823. Resignation and removal of officers. - RESIGNATION AND REMOVAL OF OFFICERS. (a) The board of directors...

§18-441-901. Indemnification. - INDEMNIFICATION. (a) Indemnification of an individual who has incurred liability...

§18-441-1001. Members’ contributions. - MEMBERS’ CONTRIBUTIONS. The organic rules must establish the amount, manner,...

§18-441-1002. Contribution and valuation. - CONTRIBUTION AND VALUATION. (a) Unless the organic rules otherwise provide,...

§18-441-1003. Contribution agreements. - CONTRIBUTION AGREEMENTS. (a) Except as otherwise provided in the agreement,...

§18-441-1004. Allocations of profits and losses. - ALLOCATIONS OF PROFITS AND LOSSES. (a) The organic rules may...

§18-441-1005. Distributions. - DISTRIBUTIONS. (a) Unless the organic rules otherwise provide and subject...

§18-441-1006. Redemption or repurchase. - REDEMPTION OR REPURCHASE. Property distributed to a member by a...

§18-441-1007. Limitations on distributions. - LIMITATIONS ON DISTRIBUTIONS. (a) A limited cooperative association may not...

§18-441-1008. Liability for improper distributions - Limitation of action. - LIABILITY FOR IMPROPER DISTRIBUTIONS; LIMITATION OF ACTION. (a) A director...

§18-441-1009. Relation to state securities law. - RELATION TO STATE SECURITIES LAW. Patron members’ interest in a...

§18-441-1101. Member’s dissociation. - MEMBER’S DISSOCIATION. (a) A person has the power to dissociate...

§18-441-1102. Effect of dissociation as member. - EFFECT OF DISSOCIATION AS MEMBER. (a) Upon a member’s dissociation:...

§18-441-1103. Power of estate of member. - POWER OF ESTATE OF MEMBER. Unless the organic rules provide...

§18-441-1201. Dissolution and winding up. - DISSOLUTION AND WINDING UP. A limited cooperative association is dissolved...

§18-441-1202. Nonjudicial dissolution. - NONJUDICIAL DISSOLUTION. Except as otherwise provided in Sections 104 and...

§18-441-1203. Judicial dissolution. - JUDICIAL DISSOLUTION. The district court may dissolve a limited cooperative...

§18-441-1204. Voluntary dissolution before commencement of activity. - VOLUNTARY DISSOLUTION BEFORE COMMENCEMENT OF ACTIVITY. A majority of the...

§18-441-1205. Voluntary dissolution by the board and members. - VOLUNTARY DISSOLUTION BY THE BOARD AND MEMBERS. (a) Except as...

§18-441-1206. Winding up. - WINDING UP. (a) A limited cooperative association continues after dissolution...

§18-441-1207. Distribution of assets in winding up limited cooperative association. - DISTRIBUTION OF ASSETS IN WINDING UP LIMITED COOPERATIVE ASSOCIATION. (a)...

§18-441-1208. Known claims against dissolved limited cooperative association. - KNOWN CLAIMS AGAINST DISSOLVED LIMITED COOPERATIVE ASSOCIATION. (a) Subject to...

§18-441-1209. Other claims against dissolved limited cooperative association. - OTHER CLAIMS AGAINST DISSOLVED LIMITED COOPERATIVE ASSOCIATION. (a) A dissolved...

§18-441-1210. Court proceeding. - COURT PROCEEDING. (a) Upon application by a dissolved limited cooperative...

§18-441-1211. Administrative dissolution. - ADMINISTRATIVE DISSOLUTION. (a) The Secretary of State may dissolve a...

§18-441-1212. Reinstatement following administrative dissolution. - REINSTATEMENT FOLLOWING ADMINISTRATIVE DISSOLUTION. (a) A limited cooperative association that...

§18-441-1213. Denial of reinstatement - Appeal. - DENIAL OF REINSTATEMENT; APPEAL. (a) If the Secretary of State...

§18-441-1214. Statement of dissolution. - STATEMENT OF DISSOLUTION. (a) A limited cooperative association that has...

§18-441-1215. Statement of termination. - STATEMENT OF TERMINATION. (a) A dissolved limited cooperative association that...

§18-441-1301. Derivative action. - DERIVATIVE ACTION. A member may maintain a derivative action to...

§18-441-1302. Proper plaintiff. - PROPER PLAINTIFF. (a) A derivative action to enforce a right...

§18-441-1303. Pleading. - PLEADING. In a derivative action to enforce a right of...

§18-441-1304. Approval for discontinuance or settlement. - APPROVAL FOR DISCONTINUANCE OR SETTLEMENT. A derivative action to enforce...

§18-441-1305. Proceeds and expenses. - PROCEEDS AND EXPENSES. (a) Except as otherwise provided in subsection...

§18-441-1401. Governing law. - GOVERNING LAW. (a) The law of the state or other...

§18-441-1402. Application for certificate of authority. - APPLICATION FOR CERTIFICATE OF AUTHORITY. (a) A foreign cooperative may...

§18-441-1403. Activities not constituting transacting business. - ACTIVITIES NOT CONSTITUTING TRANSACTING BUSINESS. (a) Activities of a foreign...

§18-441-1404. Issuance of certificate of authority. - ISSUANCE OF CERTIFICATE OF AUTHORITY. Unless the Secretary of State...

§18-441-1405. Noncomplying name of foreign cooperative. - NONCOMPLYING NAME OF FOREIGN COOPERATIVE. (a) A foreign cooperative whose...

§18-441-1406. Revocation of certificate of authority. - REVOCATION OF CERTIFICATE OF AUTHORITY. (a) A certificate of authority...

§18-441-1407. Cancellation of certificate of authority - Effect of failure to have certificate. - CANCELLATION OF CERTIFICATE OF AUTHORITY; EFFECT OF FAILURE TO HAVE...

§18-441-1408. Action by Attorney General. - ACTION BY ATTORNEY GENERAL. The Attorney General may maintain an...

§18-441-1501. Disposition of assets not requiring member approval. - DISPOSITION OF ASSETS NOT REQUIRING MEMBER APPROVAL. Unless the articles...

§18-441-1502. Member approval of other disposition of assets. - MEMBER APPROVAL OF OTHER DISPOSITION OF ASSETS. A sale, lease,...

§18-441-1503. Notice and action on disposition of assets. - NOTICE AND ACTION ON DISPOSITION OF ASSETS. For a limited...

§18-441-1504. Disposition of assets. - DISPOSITION OF ASSETS. (a) Subject to subsection (b) of this...

§18-441-1601. Definitions. - DEFINITIONS. In this article: (1) “Constituent entity” means an entity...

§18-441-1602. Conversion. - CONVERSION. (a) An entity that is not a limited cooperative...

§18-441-1603. Action on plan of conversion by converting limited cooperative association. - ACTION ON PLAN OF CONVERSION BY CONVERTING LIMITED COOPERATIVE ASSOCIATION....

§18-441-1604. Filings required for conversion - Effective date. - FILINGS REQUIRED FOR CONVERSION; EFFECTIVE DATE. (a) After a plan...

§18-441-1605. Effect of conversion. - EFFECT OF CONVERSION. (a) An entity that has been converted...

§18-441-1606. Merger. - MERGER. (a) One or more limited cooperative associations may merge...

§18-441-1607. Notice and action on plan of merger by constituent limited cooperative association. - NOTICE AND ACTION ON PLAN OF MERGER BY CONSTITUENT LIMITED...

§18-441-1608. Approval or abandonment of merger by members. - APPROVAL OR ABANDONMENT OF MERGER BY MEMBERS. (a) Subject to...

§18-441-1609. Filings required for merger - Effective date. - FILINGS REQUIRED FOR MERGER; EFFECTIVE DATE. (a) After each constituent...

§18-441-1610. Effect of merger. - EFFECT OF MERGER. (a) When a merger becomes effective: (1)...

§18-441-1611. Consolidation. - CONSOLIDATION. (a) Constituent entities that are limited cooperative associations or...

§18-441-1612. Article not exclusive. - ARTICLE NOT EXCLUSIVE. This article does not prohibit a limited...

§18-441-1701. Uniformity of application and construction. - UNIFORMITY OF APPLICATION AND CONSTRUCTION. In applying and construing the...

§18-441-1702. Relation to Electronic Signatures in Global and National Commerce Act. - RELATION TO ELECTRONIC SIGNATURES IN GLOBAL AND NATIONAL COMMERCE ACT....

§18-441-1703. Savings clause. - SAVINGS CLAUSE. The Uniform Limited Cooperative Association Act of 2009...

§18-441-1704. Act deemed amendment of Constitution. - ACT DEEMED AMENDMENT OF CONSTITUTION. It is the intent of...

§18-471. Venue of actions. - Any foreign corporation, doing business in the State of Oklahoma,...

§18-481. Corporation surety authorized. - Whenever any recognizance, stipulation, bond, or undertaking conditioned for the...

§18-482. Permission to do business - Statements - Deposit. - Every company, before transacting any business in the State of...

§18-483. Surety contracts, liberal construction of. - The rule of the common law requiring a strict construction...

§18-484. Quarterly reports - Revocation of authority - Inquiry into solvency - Additional security. - Every such corporation shall, in the months of January, April,...

§18-485. Actions - Venue - Bond considered made where. - Any surety company doing business under the provisions of this...

§18-486. Failure to pay judgment. - If any such company shall neglect or refuse to pay...

§18-487. Estopped to deny liability. - Any company which shall execute or guarantee any recognizance, stipulation,...

§18-488. Penalty for failure to comply. - Any company doing business under the provisions of this article,...

§18-489. Fiduciaries - Cost of bond as lawful expense - Amount of bond. - That any receiver, assignee, guardian, trustee, executor, administrator or other...

§18-490. Cancellation of bond - Grounds - Notice. - Where any surety company bond is required to be executed...

§18-491. Agreement between principal and surety for deposit of monies and assets. - It shall be lawful for any party of whom a...

§18-543. Right to hold real property limited. - All corporations organized for religious, charitable, educational or scientific purposes...

§18-549. Charitable and educational corporations may engage in business. - Any corporation heretofore or hereafter organized under the laws of...

§18-550. Power to borrow money and incur indebtedness - Mortgage or pledge of property - Liability of property to taxation. - Any such charitable or educational corporation may borrow money and...

§18-552.1. Citation. - This act may be cited as the Oklahoma Solicitation of...

§18-552.1a. Oklahoma Solicitation of Charitable Contributions Act. - The Oklahoma Solicitation of Charitable Contributions Act is enacted for...

§18-552.2. Definitions. - As used in the Oklahoma Solicitation of Charitable Contributions Act:...

§18-552.3. Registration - Fee - Information to be filed - Out-of-state organizations. - A. No charitable organization that is either located within this...

§18-552.4. Persons and organizations exempt. - Except as otherwise specifically provided in the Oklahoma Solicitation of...

§18-552.6. Records - Inspection. - Every charitable organization shall keep and maintain a full and...

§18-552.7. Professional fundraisers - Registration - Fees - Name and address changes. - A. No person shall act as a professional fundraiser for...

§18-552.8. Contracts. - A. All contracts entered into by a charitable organization with...

§18-552.9. Professional solicitors - Registration - Fees. - A. Every professional solicitor employed or retained by a professional...

§18-552.13. Reciprocal agreements with other states. - The Secretary of State may enter into reciprocal agreements with...

§18-552.14a. Professional fundraisers - Violations of act. - A. Applicable to charitable organizations, professional fundraisers and professional solicitors,...

§18-552.16. Powers and duties not restricted. - The Oklahoma Solicitation of Charitable Contributions Act shall not be...

§18-552.19. Availability of registration information - Electronic registration. - A. The Secretary of State shall make available on the...

§18-552.20. Secretary of State Charitable Solicitations Revolving Fund. - There is hereby created in the State Treasury a revolving...

§18-552.21. Attorney General Charitable Solicitations Enforcement Revolving Fund. - There is hereby created in the State Treasury a revolving...

§18-552.22. Effectiveness of registrations made prior to act. - All registrations, unless otherwise terminated pursuant to this act, made...

§18-552.23. Restrictions on imposing annual filing or reporting requirements on organizations. - A. Except as required or authorized by federal law, no...

§18-553.1. Solicitation under certain promises prohibited. - It shall be unlawful for any person, organization, group, association,...

§18-553.2. Solicitations by regulated organizations not prohibited. - Provided that nothing in this act shall be construed to...

§18-553.3. Penalties. - Any violation of the provisions of Sections 553.1 and 553.2...

§18-561. Trustees of religious corporations, selection. - The board of trustees, or other officers of any religious...

§18-562. Alternative articles for religious association - Recording - Powers. - The members of any church or religious society, not less...

§18-563. Title vests in successors in trust. - All grants or deeds from private individuals, or acts of...

§18-564.1. Extinct church, religious corporation, etc. - Preservation and protection of property. - The property, both real and personal, belonging to or held...

§18-564.2. Association, etc. of same denomination or creed to have jurisdiction. - If there is no superior body, presbytery, synod, conference, diocese,...

§18-564.3. Petition to district court - Final order - Transfer of title and possession. - When the condition of being extinct or of ceasing to...

§18-564.4. Notice of hearing. - Notice of hearing of said petition shall be given by...

§18-564.5. Lien or reversionary interest not affected. - This act shall not affect or impair any valid lien...

§18-571. School property - How held. - Any corporation formed for the purpose of establishing an institution...

§18-572. Objects of expenditure. - The trustees or directors of any such corporation shall faithfully...

§18-573. Powers of corporation. - Such corporation has power to appoint a president or principal...

§18-574. Degrees conferred. - Every such corporation having the rank of a college or...

§18-575. Mechanics and agriculture. - Such corporation may connect with its institution, to be used...

§18-581. Benevolent and charitable corporations - Purposes. - The following associations for charitable purposes may become incorporated, as...

§18-582. Transfer of membership. - Any regularly incorporated fraternal beneficiary society shall, on application of...

§18-583. Fraternal beneficiary societies - Change of name. - Any fraternal beneficiary society incorporated under the laws of this...

§18-584. Use of society name exclusive. - No person, society, association or corporation shall assume, adopt or...

§18-585. Persons not entitled to wear insignia, use name or claim membership. - No person shall wear or exhibit the badge, button, emblem,...

§18-586. Violation enjoined. - Whenever there shall be an actual or threatened violation of...

§18-587. Penalty. - Any person violating the provisions of Sections 1478 and 1479...

§18-588. Benevolent corporations may own real or personal property. - Any charitable corporation, including chartered fraternal, grand and subordinate lodges...

§18-589. Charter as benevolent corporation - Trustees - Bylaws. - Before being competent to so receive such property, such society...

§18-590. Community fund or chest corporations - Notice of meetings - Quorum. - Any corporation organized under the laws of this state as...

§18-591. Community fund or chest corporations - Amendment of articles of incorporation. - Any community fund or community chest corporation organized under the...

§18-592. Fire departments for unincorporated areas - Incorporation. - The authority of persons associated together to become incorporated as...

§18-593. Fire departments for unincorporated areas - Service fees - Insurance. - A. Any charitable corporation formed for the purpose of providing...

§18-594. Fire departments for unincorporated areas - Status as state agency - Nonliability for tort. - Any charitable corporation formed in an unincorporated area for the...

§18-601. Right of way - Use of public ground, streets and highways - Use of railroad property - Interstate highway system. - (a) There is hereby granted to the owners of any...

§18-602. State highway rights-of-way - Prior notification required. - Any utility installation, relocation or crossing of state highway rights-of-way...

§18-603. Request from counties to telephone line owners for future installation information. - Any county may send out a one-time request for information...

§18-671. Share-purchase options or warrants and shares issued pursuant thereto. - Any option or warrant for the purchase of shares of...

§18-801. Short title. - This act is known and may be cited as the...

§18-802. Statutory policy. - This act shall be so construed as to effectuate its...

§18-803. Definitions. - A. As used in the Professional Entity Act, unless the...

§18-804. Formation of professional entity. - A professional entity may be formed by filing the appropriate...

§18-805. Applicability of associated acts. - The respective associated act shall be applicable to each professional...

§18-806. Purpose of formation of professional entity. - A professional entity may be formed for the purpose of...

§18-807. Name of professional entity. - The name of every professional entity shall end with one...

§18-808. Office. - The principal office of the professional business entity shall be...

§18-809. License requirement. - Except as provided in Section 815 of this title, no...

§18-810. Managers and stockholders. - No person may be a manager of a professional entity...

§18-811. Professional services through owners, managers, employees and agents. - A professional entity may render professional services only through its...

§18-812. Professional relationship preserved. - This act does not alter any law applicable to the...

§18-813. Professional regulation. - Subject to the provisions of Section 819 of this title,...

§18-814. Prohibited acts. - No professional entity may do any act which is prohibited...

§18-815. Death or disqualification of shareholders - Sole shareholder - Withdrawal. - A. 1. If the professional entity is a corporation, the...

§18-817. Prior corporation. - This act shall not apply to any persons within this...

§18-818. Certificates. - The regulating boards of the respective professions described in Section...

§18-819. Inapplicability of conflicting laws and rules. - All laws and rules and parts of laws and rules...

§18-863. Nonprofit corporations for creating rural water and sewer districts - Exemption from taxation and assessments. - A corporation organized not for profit pursuant to the provisions...

§18-865. Liability of directors - Findings of Legislature. - The Legislature finds that nonprofit corporations serve important functions in...

§18-866. Immunity of directors - Scope and extent. - A. Except as otherwise provided by this section, no member...

§18-867. Director - Breach of fiduciary duty - Liability. - In addition to the immunity provisions of Section 866 of...

§18-868. Nonprofit corporations for benefit of towns, cities and counties - Issuance of indebtedness - Exemption from taxation. - A. A corporation organized not for profit pursuant to the...

§18-901. Short title. - This act shall be known and may be cited as...

§18-902. Definitions. - As used in this act, unless a different meaning is...

§18-903. Organization - Purpose. - A business development corporation may be incorporated in this state...

§18-904. Powers. - To accomplish its purposes, the corporation shall, subject to the...

§18-905. Limitation on amount of capital stock acquired by member - Minimum capital stock. - (1) Notwithstanding any other provision of law, any person, corporation,...

§18-906. Members - Acceptance of loans. - (1) All financial institutions as defined herein are hereby authorized...

§18-907. Board of directors. - The business and affairs of a corporation shall be conducted...

§18-908. Voting rights. - Each stockholder shall be entitled to one vote, in person...

§18-909. Retention of certain earnings. - Each year the corporation shall set apart as earned surplus...

§18-910. Deposit of funds. - No corporation organized under the provisions of this act shall...

§18-911. Amendment of articles of incorporation. - No amendment to the certificate of incorporation shall be made...

§18-912. Audits and reports. - Such corporation shall be subject to an annual examination and...

§18-951. Prohibition on forming - Exceptions. - A. It is hereby declared to be the public policy...

§18-952. Revocation of license - Vacation of franchise - Penalties. - A. Any license issued after June 1, 1971, under the...

§18-953. Actions for divestment of interest in land held by corporation - Exemptions - Dissolution of corporation. - A. No corporation organized for a purpose other than farming...

§18-954. Exemptions. - The provisions of Section 951 et seq. of this title...

§18-954.1. Application of Sections 951 through 956 - Production of nursery stock. - The provisions of Sections 951 through 956 of Title 18...

§18-955. Limitations on ownership - Exceptions. - A. No person, corporation, association or any other entity shall...

§18-956. Action for divestment - Cost - Attorney fees. - A. Any resident of the county in which the land...

§18-1001. Short title. - SHORT TITLE Sections 1001 through 1144 of this title and...

§18-1002. Scope of Act. - SCOPE OF ACT A. The provisions of the Oklahoma General...

§18-1004. Reserved Power of State to Amend or Repeal - Oklahoma General Corporation Act Part of Corporation's Chapter or Certificate of Incorporation. - RESERVED POWER OF STATE TO AMEND OR REPEAL; OKLAHOMA GENERAL...

§18-1004.1. Application of act to nonstock corporations. - APPLICATION OF ACT TO NONSTOCK CORPORATIONS A. Except as otherwise...

§18-1005. Incorporators - How Corporation Formed - Purposes. - INCORPORATORS; HOW CORPORATION FORMED; PURPOSES A. Any person, partnership, association...

§18-1006. Certificate of incorporation - contents. - CERTIFICATE OF INCORPORATION; CONTENTS A. The certificate of incorporation shall...

§18-1007. Execution, acknowledgment, filing and effective date of original certificate of incorporation and other instruments - Exceptions. - EXECUTION, ACKNOWLEDGMENT, FILING AND EFFECTIVE DATE OF ORIGINAL CERTIFICATE OF...

§18-1008. Certificate of incorporation - Definition. - CERTIFICATE OF INCORPORATION; DEFINITION The term "certificate of incorporation", as...

§18-1009. Certificate of Incorporation and Other Certificates - Evidence. - CERTIFICATE OF INCORPORATION AND OTHER CERTIFICATES; EVIDENCE A copy of...

§18-1010. Commencement of Corporate Existence. - COMMENCEMENT OF CORPORATE EXISTENCE Upon the filing with the Secretary...

§18-1011. Powers of Incorporators. - POWERS OF INCORPORATORS If the persons who are to serve...

§18-1012. Organization meeting of incorporators or directors named in certificate of incorporation. - ORGANIZATION MEETING OF INCORPORATORS OR DIRECTORS NAMED IN CERTIFICATE OF...

§18-1013. Bylaws. - BYLAWS A. The original or other bylaws of a corporation...

§18-1014. Emergency bylaws and other powers in emergency. - EMERGENCY BYLAWS AND OTHER POWERS IN EMERGENCY A. The board...

§18-1014.1. Interpretation and enforcement of corporate instruments and provisions of this title. - NTERPRETATION AND ENFORCEMENT OF CORPORATE INSTRUMENTS AND PROVISIONS OF THIS...

§18-1014.2. Forum selection provisions. - FORUM SELECTION PROVISIONS The certificate of incorporation or the bylaws...

§18-1014.3. Document form, signature and delivery. - DOCUMENT FORM, SIGNATURE AND DELIVERY A. Except as provided in...

§18-1015. General Powers. - GENERAL POWERS In addition to the powers enumerated in Section...

§18-1016. Specific powers. - SPECIFIC POWERS Every corporation created pursuant to the provisions of...

§18-1016.1. Protected service area – Establishment of water district required.. - Any corporation borrowing money, securing any indebtedness, accepting grants, applying...

§18-1017. Powers respecting securities of other corporations or entities. - POWERS RESPECTING SECURITIES OF OTHER CORPORATIONS OR ENTITIES Any corporation...

§18-1018. Lack of Corporate Capacity or Power, Effect - Ultra Vires. - LACK OF CORPORATE CAPACITY OR POWER, EFFECT; ULTRA VIRES No...

§18-1019. Private foundations; powers and duties. - PRIVATE FOUNDATIONS; POWERS AND DUTIES A corporation of this state...

§18-1020. Limitations Upon Real Estate Ownership. - LIMITATIONS UPON REAL ESTATE OWNERSHIP A. No corporation of any...

§18-1021. Registered office in state - Principal office or place of business in state. - REGISTERED OFFICE IN STATE; PRINCIPAL OFFICE OR PLACE OF BUSINESS...

§18-1022. Registered agent in state - Resident agent. - REGISTERED AGENT IN STATE; RESIDENT AGENT A. Every domestic corporation...

§18-1023. Change of location of registered office; change of registered agent. - CHANGE OF LOCATION OF REGISTERED OFFICE; CHANGE OF REGISTERED AGENT...

§18-1024. Change of address or name of registered agent. - CHANGE OF ADDRESS OR NAME OF REGISTERED AGENT A. A...

§18-1025. Resignation of Registered Agent Coupled with Appointment of Successor. - RESIGNATION OF REGISTERED AGENT COUPLED WITH APPOINTMENT OF SUCCESSOR The...

§18-1026. Resignation of registered agent not coupled with appointment of successor; absence of registered agent. - RESIGNATION OF REGISTERED AGENT NOT COUPLED WITH APPOINTMENT OF SUCCESSOR;...

§18-1027. Board of directors – Powers – Number – Qualifications - Terms and quorum – Committees - Classes of directors - Nonstock corporations - Reliance upon books - Action without meeting; etc. - BOARD OF DIRECTORS; POWERS; NUMBER; QUALIFICATIONS; TERMS AND QUORUM; COMMITTEES;...

§18-1028. Officers - Titles, Duties, Selection, Term - Failure to Elect - Vacancies. - OFFICERS; TITLES, DUTIES, SELECTION, TERM; FAILURE TO ELECT; VACANCIES A....

§18-1029. Loans to Employees and Officers - Guaranty of Obligations of Employees and Officers. - LOANS TO EMPLOYEES AND OFFICERS; GUARANTY OF OBLIGATIONS OF EMPLOYEES...

§18-1030. Interested Directors - Quorum. - INTERESTED DIRECTORS; QUORUM A. No contract or transaction between a...

§18-1031. Indemnification of officers, directors, employees and agents – Insurance. - INDEMNIFICATION OF OFFICERS, DIRECTORS, EMPLOYEES AND AGENTS; INSURANCE A. A...

§18-1032. Classes and series of stock; rights, etc. - CLASSES AND SERIES OF STOCK; RIGHTS, ETC. A. Every corporation...

§18-1033. Issuance of stock, lawful consideration - Fully paid stock. - ISSUANCE OF STOCK, LAWFUL CONSIDERATION - FULLY PAID STOCK A....

§18-1034. Consideration for Stock. - CONSIDERATION FOR STOCK A. Shares of stock with par value...

§18-1035. Determination of amount of capital - Capital, surplus and net assets defined. - DETERMINATION OF AMOUNT OF CAPITAL; CAPITAL, SURPLUS AND NET ASSETS...

§18-1036. Fractions of Shares. - FRACTIONS OF SHARES A corporation may, but shall not be...

§18-1037. Partly paid shares. - PARTLY PAID SHARES Any corporation may issue the whole or...

§18-1038. Rights and options respecting stock. - RIGHTS AND OPTIONS RESPECTING STOCK A. Subject to any provisions...

§18-1039. Stock certificates – Uncertificated shares. - STOCK CERTIFICATES; UNCERTIFICATED SHARES The shares of a corporation shall...

§18-1040. Shares of Stock - Personal Property, Transfer and Taxation. - SHARES OF STOCK; PERSONAL PROPERTY, TRANSFER AND TAXATION The shares...

§18-1041. Corporation's powers respecting ownership, voting, etc. of its own stock - Rights of stock called for redemption. - CORPORATION'S POWERS RESPECTING OWNERSHIP, VOTING, ETC. OF ITS OWN STOCK;...

§18-1042. Issuance of Additional Stock - When and by Whom. - ISSUANCE OF ADDITIONAL STOCK; WHEN AND BY WHOM The directors,...

§18-1043. Liability of Shareholder or Subscriber for Stock not Paid in Full. - LIABILITY OF SHAREHOLDER OR SUBSCRIBER FOR STOCK NOT PAID IN...

§18-1044. Payment for Stock Not Paid in Full. - PAYMENT FOR STOCK NOT PAID IN FULL The capital stock...

§18-1045. Failure to Pay for Stock - Remedies. - FAILURE TO PAY FOR STOCK; REMEDIES When any shareholder fails...

§18-1046. Revocability of Pre-Incorporation Subscriptions. - REVOCABILITY OF PRE-INCORPORATION SUBSCRIPTIONS Unless otherwise provided for by the...

§18-1047. Formalities Required of Stock Subscriptions. - FORMALITIES REQUIRED OF STOCK SUBSCRIPTIONS A subscription for stock of...

§18-1048. Situs of Ownership of Stock. - SITUS OF OWNERSHIP OF STOCK For all purposes of title,...

§18-1049. Dividends - Payment - Wasting asset corporations. - DIVIDENDS; PAYMENT; WASTING ASSET CORPORATIONS A. The directors of every...

§18-1050. Special Purpose Reserves. - SPECIAL PURPOSE RESERVES The directors of a corporation may set...

§18-1051. Liability of directors as to dividends or stock redemption. - LIABILITY OF DIRECTORS AS TO DIVIDENDS OR STOCK REDEMPTION A...

§18-1052. Declaration and Payment of Dividends. - DECLARATION AND PAYMENT OF DIVIDENDS No corporation shall pay dividends...

§18-1053. Liability of Directors for Unlawful Payment of Dividend or Unlawful Stock Purchase or Redemption - Exoneration from Liability - Contribution among Directors - Subrogation. - LIABILITY OF DIRECTORS FOR UNLAWFUL PAYMENT OF DIVIDEND OR UNLAWFUL...

§18-1054. Transfer of Stock, Stock Certificates and Uncertificated Stock. - TRANSFER OF STOCK, STOCK CERTIFICATES AND UNCERTIFICATED STOCK Except as...

§18-1055. Restriction on transfer of securities. - RESTRICTION ON TRANSFER OF SECURITIES A. A written restriction or...

§18-1055.1. Ratification of defective corporate acts and stock. - RATIFICATION OF DEFECTIVE CORPORATE ACTS AND STOCK A. Subject to...

§18-1055.2. Proceedings regarding validity of defective corporate acts and stock. - PROCEEDINGS REGARDING VALIDITY OF DEFECTIVE CORPORATE ACTS AND STOCK A....

§18-1056. Meetings of shareholders. - MEETINGS OF SHAREHOLDERS A. 1. Meetings of shareholders may be...

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Oklahoma Statutes Title 18. Corporations

Oklahoma Statutes
Title 18. Corporations