Okla. Stat. tit. 18, § 18-441-819
This is the official text of Okla. Stat. tit. 18, § 18-441-819, 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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Conflict of interest
Official statutory text
CONFLICT OF INTEREST.
(a) The law applicable to conflicts of interest between a
director of an entity organized under the Oklahoma General
Corporation Act governs conflicts of interest between a limited
cooperative association and a director or member of a committee of
the board of directors.
(b) A director does not have a conflict of interest under the
Uniform Limited Cooperative Association Act of 2009 or the organic
rules solely because the director’s conduct relating to the duties
of the director may further the director’s own interest.
(a) The law applicable to conflicts of interest between a
director of an entity organized under the Oklahoma General
Corporation Act governs conflicts of interest between a limited
cooperative association and a director or member of a committee of
the board of directors.
(b) A director does not have a conflict of interest under the
Uniform Limited Cooperative Association Act of 2009 or the organic
rules solely because the director’s conduct relating to the duties
of the director may further the director’s own interest.
Status: in_force · Read it on the official government site
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