Oklahoma § 18-441-820 Other considerations of directors.

Oklahoma Statutes

§ 18-441-820 — Other considerations of directors.

Oklahoma·Title 18 Corporations

OTHER CONSIDERATIONS OF DIRECTORS. Unless the articles of organization otherwise provide, in considering the best interests of a limited cooperative association, a director of the association in discharging the duties of director, in conjunction with considering the long- and short-term interest of the association and its patron members, may consider:

(1)The interest of employees, customers, and suppliers of the association;

(2)The interest of the community in which the association operates; and (3) Other cooperative principles and values that may be applied in the context of the decision.

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OTHER CONSIDERATIONS OF DIRECTORS. Unless the articles of organization otherwise provide, in considering the best interests of a limited cooperative association, a director of the association in discharging the duties of director, in conjunction with considering the long- and short-term interest of the association and its patron members, may consider: (1) The interest of employees, customers, and suppliers of the association; (2) The interest of the community in which the association operates; and (3) Other cooperative principles and values that may be applied in the context of the decision.

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