Oklahoma § 18-441-817 Committees.

Oklahoma Statutes

§ 18-441-817 — Committees.

Oklahoma § 18-441-817

Title 18Corporations

This text of Oklahoma § 18-441-817 (Committees.) 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, § 18-441-817 (2026).

Text

COMMITTEES.

(a)Unless the organic rules otherwise provide, a board of directors may create one or more committees and appoint one or more individuals to serve on a committee.

(b)Unless the organic rules otherwise provide, an individual appointed to serve on a committee of a limited cooperative association need not be a director or member.

(c)An individual who is not a director and is serving on a committee has the same rights, duties, and obligations as a director serving on the committee.

(d)Unless the organic rules otherwise provide, each committee of a limited cooperative association may exercise the powers delegated to it by the board of directors, but a committee may not:

(1)Approve allocations or distributions except according to a formula or method prescribed by the board of di

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COMMITTEES. (a) Unless the organic rules otherwise provide, a board of directors may create one or more committees and appoint one or more individuals to serve on a committee. (b) Unless the organic rules otherwise provide, an individual appointed to serve on a committee of a limited cooperative association need not be a director or member. (c) An individual who is not a director and is serving on a committee has the same rights, duties, and obligations as a director serving on the committee. (d) Unless the organic rules otherwise provide, each committee of a limited cooperative association may exercise the powers delegated to it by the board of directors, but a committee may not: (1) Approve allocations or distributions except according to a formula or method prescribed by the board of directors; (2) Approve or propose to members action requiring approval of members; or (3) Fill vacancies on the board of directors or any of its committees.