Okla. Stat. tit. 18, § 18-441-507
This is the official text of Okla. Stat. tit. 18, § 18-441-507, 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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Special meeting of members
Official statutory text
SPECIAL MEETING OF MEMBERS.
(a) A special meeting of members may be called only:
(1) As provided in the organic rules;
(2) By a majority vote of the board of directors on a proposal
stating the purpose of the meeting;
(3) By demand in a record signed by members holding at least
twenty percent (20%) of the voting power of the persons in any
district or class entitled to vote on the matter that is the purpose
of the meeting stated in the demand; or
(4) By demand in a record signed by members holding at least
ten percent (10%) of the total voting power of all the persons
entitled to vote on the matter that is the purpose of the meeting
stated in the demand.
Oklahoma Statutes - Title 18. Corporations Page 189
(b) A demand under paragraph (3) or (4) of subsection (a) of
this section must be submitted to the officer of the limited
cooperative association charged with keeping its records.
(c) Any voting member may withdraw its demand under paragraph
(3) or (4) of subsection (a) of this section before receipt by the
limited cooperative association of demands sufficient to require a
special meeting of members.
(d) A special meeting of members may be held inside or outside
this state at the place stated in the organic rules or selected by
the board of directors not inconsistent with the organic rules.
(e) Unless the organic rules otherwise provide, members may
attend or conduct a special meeting of members through the use of
any means of communication if all members attending the meeting can
communicate with each other during the meeting.
(f) Only business within the purpose or purposes stated in the
notice of a special meeting of members may be conducted at the
meeting.
(g) Unless the organic rules otherwise provide, the presiding
officer of a special meeting of members shall be designated by the
board of directors.
(a) A special meeting of members may be called only:
(1) As provided in the organic rules;
(2) By a majority vote of the board of directors on a proposal
stating the purpose of the meeting;
(3) By demand in a record signed by members holding at least
twenty percent (20%) of the voting power of the persons in any
district or class entitled to vote on the matter that is the purpose
of the meeting stated in the demand; or
(4) By demand in a record signed by members holding at least
ten percent (10%) of the total voting power of all the persons
entitled to vote on the matter that is the purpose of the meeting
stated in the demand.
Oklahoma Statutes - Title 18. Corporations Page 189
(b) A demand under paragraph (3) or (4) of subsection (a) of
this section must be submitted to the officer of the limited
cooperative association charged with keeping its records.
(c) Any voting member may withdraw its demand under paragraph
(3) or (4) of subsection (a) of this section before receipt by the
limited cooperative association of demands sufficient to require a
special meeting of members.
(d) A special meeting of members may be held inside or outside
this state at the place stated in the organic rules or selected by
the board of directors not inconsistent with the organic rules.
(e) Unless the organic rules otherwise provide, members may
attend or conduct a special meeting of members through the use of
any means of communication if all members attending the meeting can
communicate with each other during the meeting.
(f) Only business within the purpose or purposes stated in the
notice of a special meeting of members may be conducted at the
meeting.
(g) Unless the organic rules otherwise provide, the presiding
officer of a special meeting of members shall be designated by the
board of directors.
Status: in_force · Read it on the official government site
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