Okla. Stat. tit. 18, § 18-1017
This is the official text of Okla. Stat. tit. 18, § 18-1017, part of Oklahoma’s Stat. tit. 18, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 18,." Browse the sections below, each linked to its official government source.
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Powers respecting securities of other corporations or
Official statutory text
entities.
POWERS RESPECTING SECURITIES OF
OTHER CORPORATIONS OR ENTITIES
Any corporation organized under the laws of this state may
guarantee, purchase, take, receive, subscribe for or otherwise
acquire; own, hold, use or otherwise employ; sell, lease, exchange,
transfer, or otherwise dispose of; mortgage, lend, pledge or
otherwise deal in and with, bonds and other obligations of, or
shares or other securities or interests in, or issued by, any other
domestic or foreign corporation, partnership, association, or
individual, or by any government or agency or instrumentality
thereof, subject to the limitation prescribed by Section 41 of
Article IX of the Oklahoma Constitution. A corporation while the
owner of any such securities may exercise all the rights, powers and
privileges of ownership, including the right to vote.
POWERS RESPECTING SECURITIES OF
OTHER CORPORATIONS OR ENTITIES
Any corporation organized under the laws of this state may
guarantee, purchase, take, receive, subscribe for or otherwise
acquire; own, hold, use or otherwise employ; sell, lease, exchange,
transfer, or otherwise dispose of; mortgage, lend, pledge or
otherwise deal in and with, bonds and other obligations of, or
shares or other securities or interests in, or issued by, any other
domestic or foreign corporation, partnership, association, or
individual, or by any government or agency or instrumentality
thereof, subject to the limitation prescribed by Section 41 of
Article IX of the Oklahoma Constitution. A corporation while the
owner of any such securities may exercise all the rights, powers and
privileges of ownership, including the right to vote.
Status: in_force · Read it on the official government site
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