Oklahoma § 18-441-401 Authority to amend organic rules.

Oklahoma Statutes

§ 18-441-401 — Authority to amend organic rules.

Oklahoma § 18-441-401

Title 18Corporations

This text of Oklahoma § 18-441-401 (Authority to amend organic rules.) 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, § 18-441-401 (2026).

Text

AUTHORITY TO AMEND ORGANIC RULES.

(a)A limited cooperative association may amend its organic rules under this article for any lawful purpose. In addition, the initial board of directors may amend the bylaws of an association under Section 32 of this act.

(b)Unless the organic rules otherwise provide, a member does not have a vested property right resulting from any provision in the organic rules, including a provision relating to the management, control, capital structure, distribution, entitlement, purpose, or duration of the limited cooperative association.

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AUTHORITY TO AMEND ORGANIC RULES. (a) A limited cooperative association may amend its organic rules under this article for any lawful purpose. In addition, the initial board of directors may amend the bylaws of an association under Section 32 of this act. (b) Unless the organic rules otherwise provide, a member does not have a vested property right resulting from any provision in the organic rules, including a provision relating to the management, control, capital structure, distribution, entitlement, purpose, or duration of the limited cooperative association.