Okla. Stat. tit. 18, § 18-1100.3: Foreign corporations; definition; qualification to do
Where this section sits in the code
- OK Code
- Title 18
business in state; procedure.
LIABILITY OF SHAREHOLDERS OF DISSOLVED CORPORATIONS
A. A shareholder of a dissolved corporation the assets of which
were distributed pursuant to subsection A or B of Section 1100.2 of
this title shall not be liable for any claim against the corporation
in an amount in excess of the shareholder's pro rata share of the
claim or the amount distributed to the shareholder, whichever is
less.
B. A shareholder of a dissolved corporation the assets of which
were distributed pursuant to subsection A of Section 1100.2 of this
title shall not be liable for any claim against the corporation on
which an action, suit, or proceeding is not begun prior to the
expiration of the period described in Section 1099 of this title.
C. The aggregate liability of any shareholder of a dissolved
corporation for claims against the dissolved corporation shall not
exceed the amount distributed to the shareholder in dissolution.
Collected 2026-09-14T18:32:36Z. Source file · JSON