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

Okla. Stat. tit. 18, § 18-2058: Rules of construction of act

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

RULES OF CONSTRUCTION OF ACT

A. The rules that statutes in derogation of the common law are

to be strictly construed shall have no application to the Oklahoma

General Corporation Act.

B. The law of estoppel shall apply to this act.

C. The law of agency shall apply under this act.

D. It is the policy of this act to give the maximum effect to

the principle of freedom of contract and to the enforceability of

operating agreements.

E. This act shall not be construed so as to impair the

obligations of any contract existing when the act goes into effect,

nor to affect any action or proceedings begun or right accrued

before this act takes effect.

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

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