Okla. Stat. tit. 18, § 18-441-901
This is the official text of Okla. Stat. tit. 18, § 18-441-901, 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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Indemnification
Official statutory text
INDEMNIFICATION.
(a) Indemnification of an individual who has incurred liability
or is a party, or is threatened to be made a party, to litigation
because of the performance of a duty to, or activity on behalf of, a
limited cooperative association is governed by the Oklahoma General
Corporation Act.
(b) A limited cooperative association may purchase and maintain
insurance on behalf of any individual against liability asserted
against or incurred by the individual to the same extent and subject
to the same conditions as provided by the Oklahoma General
Corporation Act.
(a) Indemnification of an individual who has incurred liability
or is a party, or is threatened to be made a party, to litigation
because of the performance of a duty to, or activity on behalf of, a
limited cooperative association is governed by the Oklahoma General
Corporation Act.
(b) A limited cooperative association may purchase and maintain
insurance on behalf of any individual against liability asserted
against or incurred by the individual to the same extent and subject
to the same conditions as provided by the Oklahoma General
Corporation Act.
Status: in_force · Read it on the official government site
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