Okla. Stat. tit. 18, § 18-1116
This is the official text of Okla. Stat. tit. 18, § 18-1116, 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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Discontinuance of Liquidation
Official statutory text
DISCONTINUANCE OF LIQUIDATION
The liquidation of the assets and business of an insolvent
corporation may be discontinued at any time during the liquidation
proceedings when it is established that cause for liquidation no
longer exists. In such event the district court in its discretion,
and subject to such condition as it may deem appropriate, may
Oklahoma Statutes - Title 18. Corporations Page 490
dismiss the proceedings and direct the receiver or trustee to
redeliver to the corporation all of its remaining property and
assets.
The liquidation of the assets and business of an insolvent
corporation may be discontinued at any time during the liquidation
proceedings when it is established that cause for liquidation no
longer exists. In such event the district court in its discretion,
and subject to such condition as it may deem appropriate, may
Oklahoma Statutes - Title 18. Corporations Page 490
dismiss the proceedings and direct the receiver or trustee to
redeliver to the corporation all of its remaining property and
assets.
Status: in_force · Read it on the official government site
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