Opinion No. 54-0513

Oklahoma Attorney General Reports·Decided May 13, 1954·Published

Opinion

OPINION — AG — QUESTION (1): WHETHER A FOREIGN CORPORATION DOMESTICATED IN THIS STATE, HAVING AN AUTHORIZED CAPITAL STOCK OF SHARES WITHOUT PAR VALUE, BE EXEMPT FROM FILING AN ANNUAL AFFIDAVIT (REQUIRED BY 28 O.S. 111 [28-111]) BY GIVING SUCH NO PAR VALUE SHARES A PAR VALUE OF $50 EACH UNDER 18 O.S. 1.247 [18-1.247] AND THE CORPORATION PAYING A DOMESTICATION FEE ACCORDINGLY ? — NEGATIVE, QUESTION(2): WHETHER A FOREIGN CORPORATION, DOMESTICATED IN THIS STATE, HAVING AN AUTHORIZED CAPITAL STOCK OF SHARES WITHOUT A PAR VALUE, BE EXEMPT FROM FILING AN ANNUAL AFFIDAVIT, WHEREAS, A PORTION OF THE SHARES HAVE BEEN ISSUED AT AN AVERAGE PRICE AND BY APPLYING 18 O.S. 1.247 [18-1.247] TO THE REMAINING UNISSUED PORTION OF THE SHARES, AND THE CORPORATION PAYING A DOMESTICATION FEE ACCORDINGLY ? — NEGATIVE CITE: 18 O.S. 1.247 [18-1.247], ARTICLE IX, SECTION 39, OPINION NO. JUNE 30, 1947 — SECRETARY OF STATE (FRED HANSEN)

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Opinion No. 54-0513, (Okla. Super. Ct. 1954).

Opinion No. 54-0513 (Opinion No. 54-0513) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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