Okla. Stat. tit. 18, § 18-1040: Shares of Stock - Personal Property, Transfer and

Taxation.

SHARES OF STOCK; PERSONAL PROPERTY, TRANSFER AND TAXATION

The shares of stock in every corporation shall be deemed

personal property and transferable as provided for in the Uniform

Commercial Code - Investment Securities. No stock or bonds issued

by any corporation organized in accordance with the provisions of

the Oklahoma General Corporation Act shall be taxed by this state

when the same shall be owned by nonresidents of this state or by

foreign corporations.