Okla. Stat. tit. 18, § 18-1050
This is the official text of Okla. Stat. tit. 18, § 18-1050, 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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Special Purpose Reserves
Official statutory text
SPECIAL PURPOSE RESERVES
The directors of a corporation may set apart out of any of the
funds of the corporation available for dividends a reserve or
reserves for any proper purpose and may abolish any such reserve.
The directors of a corporation may set apart out of any of the
funds of the corporation available for dividends a reserve or
reserves for any proper purpose and may abolish any such reserve.
Status: in_force · Read it on the official government site
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