Okla. Stat. tit. 18, § 18-441-1403

This is the official text of Okla. Stat. tit. 18, § 18-441-1403, 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.

Activities not constituting transacting business

Official statutory text

ACTIVITIES NOT CONSTITUTING TRANSACTING BUSINESS.

(a) Activities of a foreign cooperative which do not constitute

transacting business in this state under this article include:

(1) Maintaining, defending, and settling an action or

proceeding;

(2) Holding meetings of the foreign cooperative’s members or

directors or carrying on any other activity concerning the foreign

cooperative’s internal affairs;

(3) Maintaining accounts in financial institutions;

(4) Maintaining offices or agencies for the transfer, exchange,

and registration of the foreign cooperative’s own securities or

maintaining trustees or depositories with respect to those

securities;

(5) Selling through independent contractors;

(6) Soliciting or obtaining orders, whether by mail or

electronic means, through employees, agents, or otherwise, if the

Oklahoma Statutes - Title 18. Corporations Page 222

orders require acceptance outside this state before they become

contracts;

(7) Creating or acquiring indebtedness, mortgages, or security

interests in real or personal property;

(8) Securing or collecting debts or enforcing mortgages or

other security interests in property securing the debts, and

holding, protecting, and maintaining property so acquired;

(9) Conducting an isolated transaction that is completed within

thirty (30) days and is not one in the course of similar

transactions; and

(10) Transacting business in interstate commerce.

(b) For purposes of this article, the ownership in this state

of income-producing real property or tangible personal property,

other than property excluded under subsection (a) of this section,

constitutes transacting business in this state.

(c) This section does not apply in determining the contacts or

activities that may subject a foreign cooperative to service of

process, taxation, or regulation under law of this state other than

the Uniform Limited Cooperative Association Act of 2009.

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.