Okla. Stat. tit. 18, § 18-1201
This is the official text of Okla. Stat. tit. 18, § 18-1201, 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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Short title - Oklahoma Benefit Corporation Act -
Official statutory text
Applicability.
A. This act shall be known and may be cited as the "Oklahoma
Benefit Corporation Act". This act shall be applicable to all
benefit corporations.
B. The existence of a provision of this act shall not of itself
create an implication that a contrary or different rule is
applicable to a corporation that is not a benefit corporation. This
act shall not affect a statute or rule that is applicable to a
corporation that is not a benefit corporation.
C. Except as otherwise provided in this act, the Oklahoma
General Corporation Act shall be generally applicable to all benefit
corporations that are not state banks or trust companies. A benefit
corporation that is not a state bank or trust company may be subject
simultaneously to this act and the Oklahoma General Corporation Act,
Professional Entity Act and other applicable business formation
statutes; however, the provisions of this act shall control over the
provisions of the Oklahoma General Corporation Act, Professional
Entity Act and other applicable business formation statutes where
there is a conflict.
D. Except as otherwise provided in this act, the Oklahoma
Banking Code shall be generally applicable to all benefit
corporations that are state banks or trust companies. A benefit
corporation that is a state bank or trust company may be subject
simultaneously to this act and the Oklahoma Banking Code; however,
the provisions of this act shall control over the provisions of the
Oklahoma Banking Code where there is a conflict.
E. A provision of the certificate of incorporation or bylaws of
a benefit corporation shall not limit, be inconsistent with or
supersede a provision of this act.
A. This act shall be known and may be cited as the "Oklahoma
Benefit Corporation Act". This act shall be applicable to all
benefit corporations.
B. The existence of a provision of this act shall not of itself
create an implication that a contrary or different rule is
applicable to a corporation that is not a benefit corporation. This
act shall not affect a statute or rule that is applicable to a
corporation that is not a benefit corporation.
C. Except as otherwise provided in this act, the Oklahoma
General Corporation Act shall be generally applicable to all benefit
corporations that are not state banks or trust companies. A benefit
corporation that is not a state bank or trust company may be subject
simultaneously to this act and the Oklahoma General Corporation Act,
Professional Entity Act and other applicable business formation
statutes; however, the provisions of this act shall control over the
provisions of the Oklahoma General Corporation Act, Professional
Entity Act and other applicable business formation statutes where
there is a conflict.
D. Except as otherwise provided in this act, the Oklahoma
Banking Code shall be generally applicable to all benefit
corporations that are state banks or trust companies. A benefit
corporation that is a state bank or trust company may be subject
simultaneously to this act and the Oklahoma Banking Code; however,
the provisions of this act shall control over the provisions of the
Oklahoma Banking Code where there is a conflict.
E. A provision of the certificate of incorporation or bylaws of
a benefit corporation shall not limit, be inconsistent with or
supersede a provision of this act.
Status: in_force · Read it on the official government site
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