Okla. Stat. tit. 71, § 71-417
This is the official text of Okla. Stat. tit. 71, § 71-417, part of Oklahoma’s Stat. tit. 71, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 71,." Browse the sections below, each linked to its official government source.
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Discrimination prohibited
Official statutory text
No offeror shall make a multinational corporation take-over bid
which is not made to all holders residing in this state of the
equity security that is the subject of such multinational
corporation take-over bid, or which is not made to such holders on
the same terms as such multinational corporation take-over bid is
made to holders of such equity security not residing in this state.
If an offeror makes a tender offer or request or invitation for
tenders for less than all the outstanding equity securities of a
class, and if a greater number of securities is deposited pursuant
Oklahoma Statutes - Title 71. Securities Page 120
thereto within ten (10) days after copies of the offer or request or
invitation for tenders are first published or sent or given to
security holders that such offeror is bound or willing to take up
and pay for, the securities shall be taken up as nearly as may be
pro rata, disregarding fractions, according to the number of
securities deposited by each offeree. This section shall apply to
securities deposited within ten (10) days after notice of an
increase in the consideration offered to security holders, as
described in this section, is first published or sent or given to
security holders. If the terms of a multinational corporation take-
over bid are changed before its expiration by increasing the
consideration offered to offerees, the offeror shall pay the
increased consideration for all equity securities taken up, whether
the same are deposited or taken up before or after the change in the
terms of the multinational corporation take-over bid.
which is not made to all holders residing in this state of the
equity security that is the subject of such multinational
corporation take-over bid, or which is not made to such holders on
the same terms as such multinational corporation take-over bid is
made to holders of such equity security not residing in this state.
If an offeror makes a tender offer or request or invitation for
tenders for less than all the outstanding equity securities of a
class, and if a greater number of securities is deposited pursuant
Oklahoma Statutes - Title 71. Securities Page 120
thereto within ten (10) days after copies of the offer or request or
invitation for tenders are first published or sent or given to
security holders that such offeror is bound or willing to take up
and pay for, the securities shall be taken up as nearly as may be
pro rata, disregarding fractions, according to the number of
securities deposited by each offeree. This section shall apply to
securities deposited within ten (10) days after notice of an
increase in the consideration offered to security holders, as
described in this section, is first published or sent or given to
security holders. If the terms of a multinational corporation take-
over bid are changed before its expiration by increasing the
consideration offered to offerees, the offeror shall pay the
increased consideration for all equity securities taken up, whether
the same are deposited or taken up before or after the change in the
terms of the multinational corporation take-over bid.
Status: in_force · Read it on the official government site
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