Oklahoma Statutes
§ 18-1059 — Cumulative Voting.
Oklahoma·Title 18 Corporations
CUMULATIVE VOTING The certificate of incorporation of any corporation may provide that at all elections of directors of the corporation, or at elections held under specified circumstances, each holder of stock or of any class or classes or of a series or series thereof shall be entitled to as many votes as shall equal the number of votes which, except for such provision as to cumulative voting, he would be entitled to cast for the election of directors with respect to his shares of stock multiplied by the number of directors to be elected by him, and that he may cast all of such votes for a single director or may distribute them among the number to be voted for, or for any two (2) or more of them as he may see fit.
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Legislative History
Added by Laws 1986, c. 292, § 59, 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.