Oklahoma § 18-441-801 Board of directors.

Oklahoma Statutes

§ 18-441-801 — Board of directors.

Oklahoma § 18-441-801

Title 18Corporations

This text of Oklahoma § 18-441-801 (Board of directors.) 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, § 18-441-801 (2026).

Text

BOARD OF DIRECTORS.

(a)A limited cooperative association must have a board of directors of at least three individuals, unless the association has fewer than three members. If the association has fewer than three members, the number of directors may not be fewer than the number of members.

(b)The affairs of a limited cooperative association must be managed by, or under the direction of, the board of directors. The board may adopt policies and procedures that do not conflict with the organic rules or the Uniform Limited Cooperative Association Act of 2009.

(c)An individual is not an agent for a limited cooperative association solely by being a director.

Free access — add to your briefcase to read the full text and ask questions with AI

BOARD OF DIRECTORS. (a) A limited cooperative association must have a board of directors of at least three individuals, unless the association has fewer than three members. If the association has fewer than three members, the number of directors may not be fewer than the number of members. (b) The affairs of a limited cooperative association must be managed by, or under the direction of, the board of directors. The board may adopt policies and procedures that do not conflict with the organic rules or the Uniform Limited Cooperative Association Act of 2009. (c) An individual is not an agent for a limited cooperative association solely by being a director.