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Oklahoma · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Okla. Stat. tit. 17, § 17-191.2: Procedure for acquisition, control or merger of certain

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  1. OK Code
  2. Title 17

domestic public utilities.

No person, other than the issuer of the securities of the

domestic public utility or an affiliate of such an issuer, shall

make a tender offer for, request or invite tenders of, or enter into

any agreement to exchange, seek to acquire, or acquire, in the open

market or otherwise, any voting security of a domestic public

utility regulated by the Corporation Commission or any holding

company controlling such domestic public utility if, after the

consummation of such action, such person would, directly or

indirectly, or by conversion or by exercise of any right to acquire,

be in control of such domestic public utility or holding company,

and no person shall merge with or otherwise acquire control of a

domestic public utility or holding company unless the acquiring

party is an affiliate of such domestic public utility or holding

company or unless, at the time any such offer, request or invitation

is made or any such merger is consummated, or prior to the

acquisition of such securities if no offer or agreement is involved,

such person has filed with the Commission and has sent to such

domestic public utility or holding company, a statement containing

the information required by Section 191.3 of this title and such

offer, request, invitation, merger or acquisition has been approved

by the Commission in the manner prescribed in Section 191.5 of this

title. The Commission may modify the aforementioned procedures to

the extent necessary to conform to the requirements of Regulation

14D under the Securities Exchange Act of 1934, 15 U.S.C. Sections

78a-78jj, as amended.

Collected 2026-09-14T18:32:36Z. Source file · JSON

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