Okla. Stat. tit. 18, § 18-438.18
This is the official text of Okla. Stat. tit. 18, § 18-438.18, 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.
Merger of cooperatives
Official statutory text
Any one or more cooperatives (each of which is hereinafter
designated a "merging cooperative") may merge into another
cooperative (hereinafter designated the "surviving cooperative"), by
complying with the following requirements:
Oklahoma Statutes - Title 18. Corporations Page 131
(a) The proposition for the merger of the merging cooperative
into the surviving cooperative and proposed articles of merger to
give effect thereto shall be submitted to a meeting of the members
of each merging cooperative and of the surviving cooperative, the
notice of which shall have attached thereto a copy of the proposed
articles of merger;
(b) If the proposed merger and the proposed articles of merger,
with any amendments, are approved by the affirmative vote of not
less than two thirds of those members of each cooperative voting
thereon at each such meeting, articles of merger in the form
approved shall be executed and acknowledged on behalf of each such
cooperative by its president or vice president and its seal shall be
affixed thereto and attested by its secretary. The articles of
merger shall recite that they are executed pursuant to this act and
shall state: (1) the name of each merging cooperative and the
address of its principal office; (2) the name of the surviving
cooperative and the address of its principal office; (3) a statement
that each merging cooperative and the surviving cooperative agree to
the merger; (4) the names and addresses of the trustees of the
surviving cooperative; and (5) the terms and conditions of the
merger and the mode of carrying the same into effect, including the
manner in which members and shareholders, if any, of the merging
cooperatives may or shall become members and shareholders,
respectively, of the surviving cooperative; (6) the period of
existence of the new cooperative; and (7) the purpose for which the
cooperative is formed; and may contain any provisions not
inconsistent with this act deemed necessary or advisable for the
conduct of the business of the surviving cooperative. The president
or vice president of each cooperative executing such articles of
merger shall make and annex thereto an affidavit stating that the
provisions of this section in respect of such articles were duly
complied with by such cooperative.
designated a "merging cooperative") may merge into another
cooperative (hereinafter designated the "surviving cooperative"), by
complying with the following requirements:
Oklahoma Statutes - Title 18. Corporations Page 131
(a) The proposition for the merger of the merging cooperative
into the surviving cooperative and proposed articles of merger to
give effect thereto shall be submitted to a meeting of the members
of each merging cooperative and of the surviving cooperative, the
notice of which shall have attached thereto a copy of the proposed
articles of merger;
(b) If the proposed merger and the proposed articles of merger,
with any amendments, are approved by the affirmative vote of not
less than two thirds of those members of each cooperative voting
thereon at each such meeting, articles of merger in the form
approved shall be executed and acknowledged on behalf of each such
cooperative by its president or vice president and its seal shall be
affixed thereto and attested by its secretary. The articles of
merger shall recite that they are executed pursuant to this act and
shall state: (1) the name of each merging cooperative and the
address of its principal office; (2) the name of the surviving
cooperative and the address of its principal office; (3) a statement
that each merging cooperative and the surviving cooperative agree to
the merger; (4) the names and addresses of the trustees of the
surviving cooperative; and (5) the terms and conditions of the
merger and the mode of carrying the same into effect, including the
manner in which members and shareholders, if any, of the merging
cooperatives may or shall become members and shareholders,
respectively, of the surviving cooperative; (6) the period of
existence of the new cooperative; and (7) the purpose for which the
cooperative is formed; and may contain any provisions not
inconsistent with this act deemed necessary or advisable for the
conduct of the business of the surviving cooperative. The president
or vice president of each cooperative executing such articles of
merger shall make and annex thereto an affidavit stating that the
provisions of this section in respect of such articles were duly
complied with by such cooperative.
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.