Okla. Stat. tit. 18, § 18-1124
This is the official text of Okla. Stat. tit. 18, § 18-1124, 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.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Actions Against Officers, Directors or Shareholders to
Official statutory text
Enforce Liability of Corporation - Unsatisfied Judgment Against
Corporation.
ACTIONS AGAINST OFFICERS, DIRECTORS OR SHAREHOLDERS TO ENFORCE
LIABILITY OF CORPORATION; UNSATISFIED JUDGMENT AGAINST CORPORATION
A. When the officers, directors or shareholders of any
corporation shall be liable by the provisions of the Oklahoma
General Corporation Act to pay the debts of the corporation, or any
part thereof, any person to whom they are liable may have an action,
at law or in equity, against any one or more of them, and the
petition shall state the claim against the corporation, and the
ground on which the plaintiff expects to charge the defendants
personally.
B. No suit shall be brought against any officer, director or
shareholder for any debt of a corporation of which he is an officer,
director or shareholder, until judgment is obtained therefor against
the corporation and execution thereon returned unsatisfied.
Corporation.
ACTIONS AGAINST OFFICERS, DIRECTORS OR SHAREHOLDERS TO ENFORCE
LIABILITY OF CORPORATION; UNSATISFIED JUDGMENT AGAINST CORPORATION
A. When the officers, directors or shareholders of any
corporation shall be liable by the provisions of the Oklahoma
General Corporation Act to pay the debts of the corporation, or any
part thereof, any person to whom they are liable may have an action,
at law or in equity, against any one or more of them, and the
petition shall state the claim against the corporation, and the
ground on which the plaintiff expects to charge the defendants
personally.
B. No suit shall be brought against any officer, director or
shareholder for any debt of a corporation of which he is an officer,
director or shareholder, until judgment is obtained therefor against
the corporation and execution thereon returned unsatisfied.
Status: in_force · Read it on the official government site
Need a lawyer in Oklahoma?
Find a Oklahoma lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.