Okla. Stat. tit. 18, § 18-1072

This is the official text of Okla. Stat. tit. 18, § 18-1072, 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 of court in elections of directors

Official statutory text

POWERS OF COURT IN ELECTIONS OF DIRECTORS

A. The district court, in any proceeding instituted pursuant to

the provisions of Section 1056, 1060 or 1070 of this title, may

determine the right and power of persons claiming to own stock, or

Oklahoma Statutes - Title 18. Corporations Page 397

in the case of a corporation without capital stock, of the persons

claiming to be members, to vote at any meeting of the shareholders.

B. The district court may appoint a master to hold any election

provided for in Section 1056, 1060 or 1070 of this title under such

orders and powers as it deems proper; and it may punish any officer

or director for contempt in case of disobedience of any order made

by the court; and, in case of disobedience by a corporation of any

order made by the court, may enter a decree against such corporation

for a penalty of not more than Five Thousand Dollars ($5,000.00).

Status: in_force · Read it on the official government site

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