Okla. Stat. tit. 18, § 18-441-1407

This is the official text of Okla. Stat. tit. 18, § 18-441-1407, 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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Cancellation of certificate of authority - Effect of

Official statutory text

failure to have certificate.

CANCELLATION OF CERTIFICATE OF AUTHORITY; EFFECT OF FAILURE TO

HAVE CERTIFICATE.

(a) To cancel its certificate of authority, a foreign

cooperative must deliver to the Secretary of State for filing a

notice of cancellation. The certificate is canceled when the notice

becomes effective under Section 23 of this act.

(b) A foreign cooperative transacting business in this state

may not maintain an action or proceeding in this state unless it has

a certificate of authority.

Oklahoma Statutes - Title 18. Corporations Page 224

(c) The failure of a foreign cooperative to have a certificate

of authority does not impair the validity of a contract or act of

the foreign cooperative or prevent the foreign cooperative from

defending an action or proceeding in this state.

(d) A member of a foreign cooperative is not liable for the

obligations of the foreign cooperative solely by reason of the

foreign cooperative’s having transacted business in this state

without a certificate of authority.

(e) If a foreign cooperative transacts business in this state

without a certificate of authority or cancels its certificate, it

appoints the Secretary of State as its agent for service of process

for an action arising out of the transaction of business in this

state.

Status: in_force · Read it on the official government site

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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.