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

Okla. Stat. tit. 18, § 18-441-114: Required information

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

REQUIRED INFORMATION.

(a) Subject to subsection (b) of this section, a limited

cooperative association shall maintain in a record available at its

principal office:

(1) A list containing the name, last-known street address and,

if different, mailing address, and term of office of each director

and officer;

(2) The initial articles of organization and all amendments to

and restatements of the articles, together with a signed copy of any

power of attorney under which any article, amendment, or restatement

has been signed;

(3) The initial bylaws and all amendments to and restatements

of the bylaws;

(4) All filed articles of merger and statements of conversion;

(5) All financial statements of the association for the six (6)

most recent years;

(6) The six most recent annual reports delivered by the

association to the Secretary of State;

(7) The minutes of members meetings for the six (6) most recent

years;

(8) Evidence of all actions taken by members without a meeting

for the six (6) most recent years;

(9) A list containing:

(A) the name, in alphabetical order, and last-known street

address and, if different, mailing address of each

patron member and each investor member; and

(B) if the association has districts or classes of

members, information from which each current member in

a district or class may be identified;

(10) The federal income tax returns, any state and local income

tax returns, and any tax reports of the association for the six (6)

most recent years;

(11) Accounting records maintained by the association in the

ordinary course of its operations for the six (6) most recent years;

(12) The minutes of directors meetings for the six (6) most

recent years;

(13) Evidence of all actions taken by directors without a

meeting for the six (6) most recent years;

(14) The amount of money contributed and agreed to be

contributed by each member;

(15) A description and statement of the agreed value of

contributions other than money made and agreed to be made by each

member;

(16) The times at which, or events on the happening of which,

any additional contribution is to be made by each member;

(17) For each member, a description and statement of the

member’s interest or information from which the description and

statement can be derived; and

(18) All communications concerning the association made in a

record to all members, or to all members in a district or class, for

the six (6) most recent years.

(b) If a limited cooperative association has existed for less

than the period for which records must be maintained under

subsection (a) of this section, the period records must be kept is

the period of the association’s existence.

(c) The organic rules may require that more information be

maintained.

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

Browse this collection