Oklahoma Statutes
§ 18-1050 — Special Purpose Reserves.
Oklahoma § 18-1050
JurisdictionOklahoma
Title 18Corporations
This text of Oklahoma § 18-1050 (Special Purpose Reserves.) 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, § 18-1050 (2026).
Text
SPECIAL PURPOSE RESERVES The directors of a corporation may set apart out of any of the funds of the corporation available for dividends a reserve or reserves for any proper purpose and may abolish any such reserve.
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Legislative History
Added by Laws 1986, c. 292, § 50, eff. Nov. 1, 1986.
Nearby Sections
15
§ 18-1001
Short title.§ 18-1002
Scope of Act.§ 18-1004.1
Application of act to nonstock corporations.§ 18-1006
See the following versions:§ 18-1006v1
Certificate of incorporation - contents.§ 18-1006v2
Certificate of incorporation - contents.§ 18-1010
Commencement of Corporate Existence.§ 18-1011
Powers of Incorporators.Cite This Page — Counsel Stack
Bluebook (online)
Oklahoma § 18-1050, Counsel Stack Legal Research, https://law.counselstack.com/statute/ok/18/18-1050.