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

Okla. Stat. tit. 18, § 18-1155: Rights of dissenting shareholders

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

RIGHTS OF DISSENTING SHAREHOLDERS

A. Unless otherwise provided in a corporation's certificate of

incorporation or bylaws before a control share acquisition has

occurred, in the event control shares acquired in a control share

acquisition are accorded full voting rights and the acquiring person

has acquired control shares with a majority or more of all voting

power, all shareholders of the issuing public corporation have

dissenters' rights.

B. As soon as practicable after such events have occurred, the

board of directors shall cause a notice to be sent to all

shareholders of the corporation advising them of the facts and that

they have dissenters' rights to receive the fair value of their

shares pursuant to Section 1091 of Title 18 of the Oklahoma

Statutes.

C. As used in this section, "fair value" means a value not less

than the highest price paid per share by the acquiring person in the

control share acquisition.

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

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