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

Okla. Stat. tit. 18, § 18-426: Stock

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

The stock of such corporation shall not be sold at less than its

par value. Twenty percent (20%) of the par value of the stock

subscribed for shall be paid in before the corporation shall

commence business, and the remainder of such subscriptions shall be

paid from time to time upon call of the directors. No certificate

of stock shall be issued to any person until the full amount of the

subscription therefor shall have been paid. No person shall become

a shareholder except by consent of the board of directors. Not more

than ten percent (10%) of the stock outstanding at any time, and not

more than Three Thousand Dollars ($3,000.00) in par value, shall be

held by or for one person, firm or corporation.

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

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