Okla. Stat. tit. 18, § 18-429: Directors - Selection and term - Quorum

The stock, property and affairs, of such corporation shall be

managed by the board of directors, which shall consist of five (5)

members, all of whom must be stockholders, and who shall be elected

at the annual meeting of the stockholders. At the first meeting of

the stockholders, there shall be elected five directors, one of whom

shall serve one (1) year, two of whom shall serve two (2) years, and

the remaining two of whom shall serve three (3) years. As the term

of office of each of these directors expires a successor shall be

elected, who shall serve for three (3) years, unless sooner removed,

or until his successor is elected and qualified.

Notice of the time and place of holding such election shall be

published not less than two (2) weeks previous thereto in the

newspaper printed nearest to the place where the principal office or

place of business of the corporation is located. A quorum shall

consist of at least ten percent (10%) in number of all the

stockholders or subscribers for stock who are entitled to vote.