GroundRules
← Search the law
Oklahoma · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Okla. Stat. tit. 18, § 18-431: Liability of directors

Read at publisher ↗
Where this section sits in the code
  1. OK Code
  2. Title 18

If the indebtedness of such corporation shall at any time exceed

the amount of its subscribed capital stock and surplus the directors

assenting thereto shall be personally and individually liable for

such excess to the creditors. Except any indebtedness created in

favor of the State warehouse revolving fund.

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

Browse this collection