Oklahoma § 18-441-512 Determination of voting power of patron member.

Oklahoma Statutes

§ 18-441-512 — Determination of voting power of patron member.

Oklahoma·Title 18 Corporations

DETERMINATION OF VOTING POWER OF PATRON MEMBER.

(a)The organic rules may allocate voting power among patron members on the basis of one or a combination of the following:

(1)One member, one vote;

(2)Use or patronage;

(3)Equity; or (4) If a patron member is a cooperative, the number of its patron members.

(b)The organic rules may provide for the allocation of patron member voting power by districts or class, or any combination thereof.

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DETERMINATION OF VOTING POWER OF PATRON MEMBER. (a) The organic rules may allocate voting power among patron members on the basis of one or a combination of the following: (1) One member, one vote; (2) Use or patronage; (3) Equity; or (4) If a patron member is a cooperative, the number of its patron members. (b) The organic rules may provide for the allocation of patron member voting power by districts or class, or any combination thereof.

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