Oklahoma § 18-1040 Shares of Stock - Personal Property, Transfer and

Oklahoma Statutes

§ 18-1040 — Shares of Stock - Personal Property, Transfer and

Oklahoma § 18-1040

Title 18Corporations

This text of Oklahoma § 18-1040 (Shares of Stock - Personal Property, Transfer and) 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.

Bluebook

Okla. Stat. tit. 18, § 18-1040 (2026).

Text

Taxation. SHARES OF STOCK; PERSONAL PROPERTY, TRANSFER AND TAXATION The shares of stock in every corporation shall be deemed personal property and transferable as provided for in the Uniform Commercial Code - Investment Securities. No stock or bonds issued by any corporation organized in accordance with the provisions of the Oklahoma General Corporation Act shall be taxed by this state when the same shall be owned by nonresidents of this state or by foreign corporations.

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Taxation. SHARES OF STOCK; PERSONAL PROPERTY, TRANSFER AND TAXATION The shares of stock in every corporation shall be deemed personal property and transferable as provided for in the Uniform Commercial Code - Investment Securities. No stock or bonds issued by any corporation organized in accordance with the provisions of the Oklahoma General Corporation Act shall be taxed by this state when the same shall be owned by nonresidents of this state or by foreign corporations.