Oklahoma § 18-1125 Action by Officer, Director or Shareholder Against

Oklahoma Statutes

§ 18-1125 — Action by Officer, Director or Shareholder Against

Oklahoma § 18-1125

Title 18Corporations

This text of Oklahoma § 18-1125 (Action by Officer, Director or Shareholder Against) 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, § 18-1125 (2026).

Text

Corporation for Corporate Debt Paid. ACTION BY OFFICER, DIRECTOR OR SHAREHOLDER AGAINST CORPORATION FOR CORPORATE DEBT PAID When any officer, director or shareholder shall pay any debt of a corporation for which he is made liable by the provisions of the Oklahoma General Corporation Act, he may recover the amount so paid in an action against the corporation for money paid for its use, and in such action only the property of a corporation shall be liable to be taken, and not the property of any shareholder.

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Corporation for Corporate Debt Paid. ACTION BY OFFICER, DIRECTOR OR SHAREHOLDER AGAINST CORPORATION FOR CORPORATE DEBT PAID When any officer, director or shareholder shall pay any debt of a corporation for which he is made liable by the provisions of the Oklahoma General Corporation Act, he may recover the amount so paid in an action against the corporation for money paid for its use, and in such action only the property of a corporation shall be liable to be taken, and not the property of any shareholder.