Okla. Stat. tit. 18, § 18-1151
This is the official text of Okla. Stat. tit. 18, § 18-1151, 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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Shareholder meeting to determine control share voting
Official statutory text
rights.
SHAREHOLDER MEETING TO DETERMINE CONTROL
SHARE VOTING RIGHTS
A. If, at the time of delivery of an acquiring person
statement, the acquiring person requests a special meeting and gives
an undertaking to pay the corporation's expenses of the special
meeting, within ten (10) days thereafter, the directors of the
issuing public corporation shall call a special meeting of
shareholders of the issuing public corporation for the purpose of
considering the voting rights to be accorded the shares acquired or
to be acquired in the control share acquisition.
B. Unless the acquiring person agrees in writing to another
date, the special meeting of shareholders shall be held within fifty
(50) days after receipt by the issuing public corporation of the
request.
C. If no request is made, the voting rights to be accorded the
shares acquired in the control share acquisition shall be presented
to the next special or annual meeting of shareholders.
D. If the acquiring person so requests in writing at the time
of delivery of the acquiring person statement, the special meeting
shall not be held sooner than thirty (30) days after receipt by the
issuing public corporation of the acquiring person statement.
SHAREHOLDER MEETING TO DETERMINE CONTROL
SHARE VOTING RIGHTS
A. If, at the time of delivery of an acquiring person
statement, the acquiring person requests a special meeting and gives
an undertaking to pay the corporation's expenses of the special
meeting, within ten (10) days thereafter, the directors of the
issuing public corporation shall call a special meeting of
shareholders of the issuing public corporation for the purpose of
considering the voting rights to be accorded the shares acquired or
to be acquired in the control share acquisition.
B. Unless the acquiring person agrees in writing to another
date, the special meeting of shareholders shall be held within fifty
(50) days after receipt by the issuing public corporation of the
request.
C. If no request is made, the voting rights to be accorded the
shares acquired in the control share acquisition shall be presented
to the next special or annual meeting of shareholders.
D. If the acquiring person so requests in writing at the time
of delivery of the acquiring person statement, the special meeting
shall not be held sooner than thirty (30) days after receipt by the
issuing public corporation of the acquiring person statement.
Status: in_force · Read it on the official government site
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