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

Okla. Stat. tit. 18, § 18-1154: Redemption of control shares

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

REDEMPTION OF CONTROL SHARES

A. If authorized in a corporation's certificate of

incorporation or bylaws before a control share acquisition has

occurred, control shares acquired in a control share acquisition

with respect to which no acquiring person statement has been filed

with the issuing public corporation may, at any time during the

period ending sixty (60) days after the last acquisition of control

shares by the acquiring person, be subject to redemption by the

corporation at the fair value thereof pursuant to the procedures

adopted by the corporation.

B. Control shares acquired in a control share acquisition are

not subject to redemption after an acquiring person statement has

been filed unless the shares are not accorded full voting rights by

the shareholders as provided in Section 23 of this act.

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

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