Oklahoma Statutes

§ 18-543 — Right to hold real property limited.

Oklahoma·Title 18 Corporations
All corporations organized for religious, charitable, educational or scientific purposes may hold all the property of the association owned prior to incorporation, as well as that acquired thereafter in any manner and transact all business relative thereto; but no such corporation shall own or hold more real property than may be reasonably necessary for the business and objects of the said association.

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Legislative History

Amended by Laws 1986, c. 292, § 146, eff. Nov. 1, 1986.

Nearby Sections

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