GroundRules
← Search the law
Oklahoma · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Okla. Stat. tit. 18, § 18-1100: Trustees or receivers for dissolved corporations;

Read at publisher ↗
Where this section sits in the code
  1. OK Code
  2. Title 18

appointment; powers; duties.

TRUSTEES OR RECEIVERS FOR DISSOLVED CORPORATIONS;

APPOINTMENT; POWERS; DUTIES

When any corporation organized in accordance with the provisions

of the Oklahoma General Corporation Act shall be dissolved in any

manner whatever, the district court, on application of any creditor,

shareholder or director of the corporation, or any other person who

shows good cause therefor, at any time, may either appoint one or

more of the directors of the corporation to be trustees, or appoint

one or more persons to be receivers, of and for the corporation, to

take charge of the corporation's property, and to collect the debts

and property due and belonging to the corporation, with power to

prosecute and defend, in the name of the corporation, or otherwise,

all such suits as may be necessary or proper for the purposes

aforesaid, and to appoint an agent or agents under them, and to do

all other acts which might be done by the corporation, if in being,

that may be necessary for the final settlement of the unfinished

business of the corporation. The powers of the trustees or

receivers may be continued as long as the district court shall think

necessary for the purposes provided for in this section.

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

Browse this collection