Okla. Stat. tit. 18, § 18-437.16
This is the official text of Okla. Stat. tit. 18, § 18-437.16, 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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Initiative by members
Official statutory text
Not withstanding any other provision of this act, any
proposition embodied in a petition signed by not less than ten
percent (10%) of the members of a cooperative, together with any
document submitted with such petition to give effect to the
proposition, shall be submitted to the members of a cooperative,
either at a special meeting of the members held within forty-five
(45) days after the presentation of such petition or, if the date of
the next annual meeting of members falls within ninety (90) days
after such presentation or if the petition so requests, at such
annual meeting. The approval of the board of trustees shall not be
required in respect of any proposition or document submitted to the
members pursuant to this section and approved by them, but such
proposition or document shall be subject to all other applicable
provisions of this act. Any affidavit or affidavits required to be
filed with any such document pursuant to applicable provisions of
this act shall, in such case, be modified to show compliance with
the provisions of this section.
proposition embodied in a petition signed by not less than ten
percent (10%) of the members of a cooperative, together with any
document submitted with such petition to give effect to the
proposition, shall be submitted to the members of a cooperative,
either at a special meeting of the members held within forty-five
(45) days after the presentation of such petition or, if the date of
the next annual meeting of members falls within ninety (90) days
after such presentation or if the petition so requests, at such
annual meeting. The approval of the board of trustees shall not be
required in respect of any proposition or document submitted to the
members pursuant to this section and approved by them, but such
proposition or document shall be subject to all other applicable
provisions of this act. Any affidavit or affidavits required to be
filed with any such document pursuant to applicable provisions of
this act shall, in such case, be modified to show compliance with
the provisions of this section.
Status: in_force · Read it on the official government site
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