Okla. Stat. tit. 18, § 18-907
This is the official text of Okla. Stat. tit. 18, § 18-907, 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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Board of directors
Official statutory text
The business and affairs of a corporation shall be conducted by
a board of directors. The number of directors shall be a multiple
of three with a minimum of fifteen and a maximum of twenty-one. Two-
thirds of the directors shall be elected by the members, and one-
third shall be elected by the stockholders. One-third of the
original board shall be elected for a term of one (1) year, one-
third for a term of two (2) years, and one-third for a term of three
(3) years; all directors subsequently elected shall serve for a term
of three (3) years. Any vacancy in the office of a director elected
by the members shall be filled by the directors elected by the
members, and any vacancy in the office of a director elected by the
stockholders shall be filled by the directors elected by the
stockholders.
Oklahoma Statutes - Title 18. Corporations Page 288
a board of directors. The number of directors shall be a multiple
of three with a minimum of fifteen and a maximum of twenty-one. Two-
thirds of the directors shall be elected by the members, and one-
third shall be elected by the stockholders. One-third of the
original board shall be elected for a term of one (1) year, one-
third for a term of two (2) years, and one-third for a term of three
(3) years; all directors subsequently elected shall serve for a term
of three (3) years. Any vacancy in the office of a director elected
by the members shall be filled by the directors elected by the
members, and any vacancy in the office of a director elected by the
stockholders shall be filled by the directors elected by the
stockholders.
Oklahoma Statutes - Title 18. Corporations Page 288
Status: in_force · Read it on the official government site
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