Oklahoma Constitution

Article IX, § 39 — Restrictions on issuance of stock

Oklahoma Const. art. IX, § 39

This text of Oklahoma Const. art. IX, § 39 (Restrictions on issuance of stock) is published on Counsel Stack Legal Research, covering Oklahoma primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

JurisdictionOklahomaDocumentConstitution
ArticleIX
Section§ 39
CitationOklahoma Const. art. IX, § 39
Bluebook
Okla. Const. art. IX, § 39.

Full Text

No corporation shall issue stock except for money, labor done, or property actually received, at a stated value thereof, and the Legislature shall prescribe the necessary regulations to prevent the issue of fictitious stock or indebtedness.

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History

Amended by State Question No. 458, Legislative Referendum No. 171, adopted at election held on Sept. 17, 1968.

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Bluebook (online)
Oklahoma Const. art. IX, § 39, Counsel Stack Legal Research, https://law.counselstack.com/constitution/ok/IX/39.