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

Okla. Stat. tit. 18, § 18-1201: Short title - Oklahoma Benefit Corporation Act -

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

Applicability.

A. This act shall be known and may be cited as the "Oklahoma

Benefit Corporation Act". This act shall be applicable to all

benefit corporations.

B. The existence of a provision of this act shall not of itself

create an implication that a contrary or different rule is

applicable to a corporation that is not a benefit corporation. This

act shall not affect a statute or rule that is applicable to a

corporation that is not a benefit corporation.

C. Except as otherwise provided in this act, the Oklahoma

General Corporation Act shall be generally applicable to all benefit

corporations that are not state banks or trust companies. A benefit

corporation that is not a state bank or trust company may be subject

simultaneously to this act and the Oklahoma General Corporation Act,

Professional Entity Act and other applicable business formation

statutes; however, the provisions of this act shall control over the

provisions of the Oklahoma General Corporation Act, Professional

Entity Act and other applicable business formation statutes where

there is a conflict.

D. Except as otherwise provided in this act, the Oklahoma

Banking Code shall be generally applicable to all benefit

corporations that are state banks or trust companies. A benefit

corporation that is a state bank or trust company may be subject

simultaneously to this act and the Oklahoma Banking Code; however,

the provisions of this act shall control over the provisions of the

Oklahoma Banking Code where there is a conflict.

E. A provision of the certificate of incorporation or bylaws of

a benefit corporation shall not limit, be inconsistent with or

supersede a provision of this act.

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

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