Oklahoma § 18-1147 Interested shares - Definition.

Oklahoma Statutes

§ 18-1147 — Interested shares - Definition.

Oklahoma § 18-1147

Title 18Corporations

This text of Oklahoma § 18-1147 (Interested shares - Definition.) 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, § 18-1147 (2026).

Text

INTERESTED SHARES; DEFINITION As used in Sections 1145 through 1155 of this title "interested shares" means the shares of an issuing public corporation in respect of which any of the following persons may exercise or direct the exercise, as of the applicable record date, of the voting power of the corporation in the election of directors other than solely by the authority of a revocable proxy: 1. The acquiring person; 2. Any officer of the issuing public corporation; or 3. Any employee of the issuing public corporation who is also a director of the corporation.

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INTERESTED SHARES; DEFINITION As used in Sections 1145 through 1155 of this title "interested shares" means the shares of an issuing public corporation in respect of which any of the following persons may exercise or direct the exercise, as of the applicable record date, of the voting power of the corporation in the election of directors other than solely by the authority of a revocable proxy: 1. The acquiring person; 2. Any officer of the issuing public corporation; or 3. Any employee of the issuing public corporation who is also a director of the corporation.

Legislative History

Added by Laws 1987, c. 146, § 17, emerg. eff. June 24, 1987. Amended by Laws 1990, c. 328, § 8, eff. Sept. 1, 1990; Laws 1991, c. 53, § 5, eff. Sept. 1, 1991.