Okla. Stat. tit. 18, § 18-2058
This is the official text of Okla. Stat. tit. 18, § 18-2058, 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.
Rules of construction of act
Official statutory text
RULES OF CONSTRUCTION OF ACT
A. The rules that statutes in derogation of the common law are
to be strictly construed shall have no application to the Oklahoma
General Corporation Act.
B. The law of estoppel shall apply to this act.
C. The law of agency shall apply under this act.
D. It is the policy of this act to give the maximum effect to
the principle of freedom of contract and to the enforceability of
operating agreements.
E. This act shall not be construed so as to impair the
obligations of any contract existing when the act goes into effect,
nor to affect any action or proceedings begun or right accrued
before this act takes effect.
A. The rules that statutes in derogation of the common law are
to be strictly construed shall have no application to the Oklahoma
General Corporation Act.
B. The law of estoppel shall apply to this act.
C. The law of agency shall apply under this act.
D. It is the policy of this act to give the maximum effect to
the principle of freedom of contract and to the enforceability of
operating agreements.
E. This act shall not be construed so as to impair the
obligations of any contract existing when the act goes into effect,
nor to affect any action or proceedings begun or right accrued
before this act takes effect.
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.