Okla. Stat. tit. 18, § 18-1037
This is the official text of Okla. Stat. tit. 18, § 18-1037, 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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Partly paid shares
Official statutory text
PARTLY PAID SHARES
Any corporation may issue the whole or any part of its shares as
partly paid and subject to call for the remainder of the
consideration to be paid therefor. Upon the face or back of each
stock certificate issued to represent any partly paid shares, or
upon the books and records of the corporation in the case of
uncertificated partly paid shares, the total amount of the
consideration to be paid therefor and the amount paid thereon shall
be stated and the corporation shall comply with applicable
provisions of Section 8-209 of Title 12A of the Oklahoma Statutes.
Upon the declaration of any dividend on fully paid shares, the
corporation shall declare a dividend upon partly paid shares of the
same class, but only upon the basis of the percentage of the
consideration actually paid thereon.
Any corporation may issue the whole or any part of its shares as
partly paid and subject to call for the remainder of the
consideration to be paid therefor. Upon the face or back of each
stock certificate issued to represent any partly paid shares, or
upon the books and records of the corporation in the case of
uncertificated partly paid shares, the total amount of the
consideration to be paid therefor and the amount paid thereon shall
be stated and the corporation shall comply with applicable
provisions of Section 8-209 of Title 12A of the Oklahoma Statutes.
Upon the declaration of any dividend on fully paid shares, the
corporation shall declare a dividend upon partly paid shares of the
same class, but only upon the basis of the percentage of the
consideration actually paid thereon.
Status: in_force · Read it on the official government site
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