Okla. Stat. tit. 2, § 2-17-7

This is the official text of Okla. Stat. tit. 2, § 2-17-7, part of Oklahoma’s Stat. tit. 2, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 2,." Browse the sections below, each linked to its official government source.

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Articles of Incorporation - Contents - Execution,

Official statutory text

acknowledgment and filing - Evidence.

A. The incorporators of an association to be formed pursuant to

the Cooperative Marketing Association Act must prepare and file

Articles of Incorporation setting forth:

1. The name of the association which may or may not include the

word "cooperative";

2. Its purposes;

3. Its duration;

4. Its principal place of business in the state;

5. The name and post office address of each of the

incorporators;

6. The names and addresses of those who are to serve as

incorporating directors for the first term, or until the election

and qualifications of their successors;

7. If organized without capital stock, whether the property

rights and interests of each member are to be equal or unequal. If

unequal, the Articles of Incorporation shall include the general

rule applicable to all members by which the property rights and

Oklahoma Statutes - Title 2. Agriculture Page 623

interests respectively of each member shall be determined and

provision for the admission of new members who shall share in the

property of the association in accordance with the general rule; and

8. If organized with capital stock, the amount of the stock and

the number of shares into which the capital stock is to be divided;

whether all or part of the capital stock shall have par value, and

if so, the par value thereof. If there is to be more than one class

of stock created, the Articles of Incorporation shall include a

description of the different classes, the number of shares in each

class, the relative rights, interests, and preferences each class

shall represent, and the dividends, which may be cumulative, not

exceeding eight percent (8%) per annum, to which each share shall be

entitled.

B. The Articles of Incorporation may contain any provision

consistent with law with respect to management, regulation,

government, financing, indebtedness, membership, the establishment

of voting districts, and the election of delegates for

representative purposes, the issuance, retirement and transfer of

its stock, if formed with capital stock, or any provision relative

to the way or manner in which it shall operate with respect to its

members, officers, or directors, and any other provisions relating

to its affairs.

C. The Articles of Incorporation must be subscribed by the

incorporators and acknowledged by one of them before an officer

authorized by the law of this state to take and certify

acknowledgments of deeds and conveyances and shall be filed with the

Oklahoma Secretary of State. When filed, the Articles of

Incorporation, or certified copies of the Articles of Incorporation,

shall be received in all courts of this state as prima facie

evidence of the facts contained therein and of the due incorporation

of the association.

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.