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

Okla. Stat. tit. 18, § 18-1124: Actions Against Officers, Directors or Shareholders to

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Where this section sits in the code
  1. OK Code
  2. Title 18

Enforce Liability of Corporation - Unsatisfied Judgment Against

Corporation.

ACTIONS AGAINST OFFICERS, DIRECTORS OR SHAREHOLDERS TO ENFORCE

LIABILITY OF CORPORATION; UNSATISFIED JUDGMENT AGAINST CORPORATION

A. When the officers, directors or shareholders of any

corporation shall be liable by the provisions of the Oklahoma

General Corporation Act to pay the debts of the corporation, or any

part thereof, any person to whom they are liable may have an action,

at law or in equity, against any one or more of them, and the

petition shall state the claim against the corporation, and the

ground on which the plaintiff expects to charge the defendants

personally.

B. No suit shall be brought against any officer, director or

shareholder for any debt of a corporation of which he is an officer,

director or shareholder, until judgment is obtained therefor against

the corporation and execution thereon returned unsatisfied.

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

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