Okla. Stat. tit. 18, § 18-426
This is the official text of Okla. Stat. tit. 18, § 18-426, 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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Stock
Official statutory text
The stock of such corporation shall not be sold at less than its
par value. Twenty percent (20%) of the par value of the stock
Oklahoma Statutes - Title 18. Corporations Page 103
subscribed for shall be paid in before the corporation shall
commence business, and the remainder of such subscriptions shall be
paid from time to time upon call of the directors. No certificate
of stock shall be issued to any person until the full amount of the
subscription therefor shall have been paid. No person shall become
a shareholder except by consent of the board of directors. Not more
than ten percent (10%) of the stock outstanding at any time, and not
more than Three Thousand Dollars ($3,000.00) in par value, shall be
held by or for one person, firm or corporation.
par value. Twenty percent (20%) of the par value of the stock
Oklahoma Statutes - Title 18. Corporations Page 103
subscribed for shall be paid in before the corporation shall
commence business, and the remainder of such subscriptions shall be
paid from time to time upon call of the directors. No certificate
of stock shall be issued to any person until the full amount of the
subscription therefor shall have been paid. No person shall become
a shareholder except by consent of the board of directors. Not more
than ten percent (10%) of the stock outstanding at any time, and not
more than Three Thousand Dollars ($3,000.00) in par value, shall be
held by or for one person, firm or corporation.
Status: in_force · Read it on the official government site
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