Okla. Stat. tit. 18, § 18-381.27
This is the official text of Okla. Stat. tit. 18, § 18-381.27, 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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Membership and voting rights
Official statutory text
Every holder of a deposit account of a mutual association and
every borrower on the security of a mortgage or acquiring ownership
of property upon which a mortgage is held by the association shall
be deemed a member of such association. In a mutual association, a
holder of a deposit account shall be entitled to one vote for each
One Hundred Dollars ($100.00) of the deposit account of the holder,
and a mortgagor or owner of property on which the association holds
a mortgage shall be entitled to one vote at all meetings of the
members. Holders of the capital stock in a stock association shall
have exclusive voting rights.
every borrower on the security of a mortgage or acquiring ownership
of property upon which a mortgage is held by the association shall
be deemed a member of such association. In a mutual association, a
holder of a deposit account shall be entitled to one vote for each
One Hundred Dollars ($100.00) of the deposit account of the holder,
and a mortgagor or owner of property on which the association holds
a mortgage shall be entitled to one vote at all meetings of the
members. Holders of the capital stock in a stock association shall
have exclusive voting rights.
Status: in_force · Read it on the official government site
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