Oklahoma § 18-907 Board of directors.

Oklahoma Statutes

§ 18-907 — Board of directors.

Oklahoma § 18-907

Title 18Corporations

This text of Oklahoma § 18-907 (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, § 18-907 (2026).

Text

The business and affairs of a corporation shall be conducted by a board of directors. The number of directors shall be a multiple of three with a minimum of fifteen and a maximum of twenty-one. Two- thirds of the directors shall be elected by the members, and one- third shall be elected by the stockholders. One-third of the original board shall be elected for a term of one (1) year, one- third for a term of two (2) years, and one-third for a term of three (3) years; all directors subsequently elected shall serve for a term of three (3) years. Any vacancy in the office of a director elected by the members shall be filled by the directors elected by the members, and any vacancy in the office of a director elected by the stockholders shall be filled by the directors elected by the stockholder

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The business and affairs of a corporation shall be conducted by a board of directors. The number of directors shall be a multiple of three with a minimum of fifteen and a maximum of twenty-one. Two- thirds of the directors shall be elected by the members, and one- third shall be elected by the stockholders. One-third of the original board shall be elected for a term of one (1) year, one- third for a term of two (2) years, and one-third for a term of three (3) years; all directors subsequently elected shall serve for a term of three (3) years. Any vacancy in the office of a director elected by the members shall be filled by the directors elected by the members, and any vacancy in the office of a director elected by the stockholders shall be filled by the directors elected by the stockholders.