Okla. Stat. tit. 18, § 18-441-820
This is the official text of Okla. Stat. tit. 18, § 18-441-820, 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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Other considerations of directors
Official statutory text
Oklahoma Statutes - Title 18. Corporations Page 203
OTHER CONSIDERATIONS OF DIRECTORS. Unless the articles of
organization otherwise provide, in considering the best interests of
a limited cooperative association, a director of the association in
discharging the duties of director, in conjunction with considering
the long- and short-term interest of the association and its patron
members, may consider:
(1) The interest of employees, customers, and suppliers of the
association;
(2) The interest of the community in which the association
operates; and
(3) Other cooperative principles and values that may be applied
in the context of the decision.
OTHER CONSIDERATIONS OF DIRECTORS. Unless the articles of
organization otherwise provide, in considering the best interests of
a limited cooperative association, a director of the association in
discharging the duties of director, in conjunction with considering
the long- and short-term interest of the association and its patron
members, may consider:
(1) The interest of employees, customers, and suppliers of the
association;
(2) The interest of the community in which the association
operates; and
(3) Other cooperative principles and values that may be applied
in the context of the decision.
Status: in_force · Read it on the official government site
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