Okla. Stat. tit. 18, § 18-425
This is the official text of Okla. Stat. tit. 18, § 18-425, 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.
Powers
Official statutory text
Each corporation formed under the provisions of this act shall
have power:
(1) To have succession by its corporate name for the period
limited in its certificate.
(2) To sue and be sued, complain and defend in any court.
(3) To establish and use a common seal and alter the same.
(4) To hold, purchase and convey such real and personal property
as the purpose of the corporation may require, including stock in
subsidiary or allied cooperative corporations within or without the
state.
(5) To appoint such officers and agents as the business may
require, including in every case a president and secretary, and to
fix their compensation.
(6) To make bylaws not inconsistent with law for the management
of its property, the regulation of its business and the transfer of
its stock.
(7) To exercise all other lawful powers necessary or proper for
the exercise of the powers herein conferred.
have power:
(1) To have succession by its corporate name for the period
limited in its certificate.
(2) To sue and be sued, complain and defend in any court.
(3) To establish and use a common seal and alter the same.
(4) To hold, purchase and convey such real and personal property
as the purpose of the corporation may require, including stock in
subsidiary or allied cooperative corporations within or without the
state.
(5) To appoint such officers and agents as the business may
require, including in every case a president and secretary, and to
fix their compensation.
(6) To make bylaws not inconsistent with law for the management
of its property, the regulation of its business and the transfer of
its stock.
(7) To exercise all other lawful powers necessary or proper for
the exercise of the powers herein conferred.
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.