Okla. Stat. tit. 8, § 8-14
This is the official text of Okla. Stat. tit. 8, § 8-14, part of Oklahoma’s Stat. tit. 8, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 8,." Browse the sections below, each linked to its official government source.
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Trustees or directors - Regular meetings - Election of
Official statutory text
officers - Appropriation of lot sale proceeds - Special meetings.
Meetings of board of directors. The board of trustees or
directors of such corporation shall hold a regular meeting without
notice immediately following the annual meeting of the members on
the first Tuesday in July of each and every year, at which meeting
it shall elect a president, a vice-president, a secretary, a
treasurer, and shall ascertain the amount received from the sale of
lots during the six (6) months immediately preceding such meeting
and enter the same in a book to be kept for that purpose, and shall
set aside by proper resolution not less than one-half (1/2) of such
receipts for the purposes set forth in section 387 and shall
transact such other business as may come before the meeting. Special
meetings may be held at any time upon call of the president or a
majority of the trustees or directors and upon written notice,
mailed to each member of the board at least five (5) days before the
meeting or upon written consent of all the members of the board.
Meetings of board of directors. The board of trustees or
directors of such corporation shall hold a regular meeting without
notice immediately following the annual meeting of the members on
the first Tuesday in July of each and every year, at which meeting
it shall elect a president, a vice-president, a secretary, a
treasurer, and shall ascertain the amount received from the sale of
lots during the six (6) months immediately preceding such meeting
and enter the same in a book to be kept for that purpose, and shall
set aside by proper resolution not less than one-half (1/2) of such
receipts for the purposes set forth in section 387 and shall
transact such other business as may come before the meeting. Special
meetings may be held at any time upon call of the president or a
majority of the trustees or directors and upon written notice,
mailed to each member of the board at least five (5) days before the
meeting or upon written consent of all the members of the board.
Status: in_force · Read it on the official government site
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