Okla. Stat. tit. 18, § 18-441-1202: Nonjudicial dissolution
Where this section sits in the code
- OK Code
- Title 18
NONJUDICIAL DISSOLUTION. Except as otherwise provided in
Sections 104 and 112 of this act, a limited cooperative association
is dissolved and its activities must be wound up:
(1) Upon the occurrence of an event or at a time specified in
the articles of organization;
(2) Upon the action of the association’s organizers, board of
directors, or members under Section 105 or 106 of this act; or
(3) Ninety (90) days after the dissociation of a member, which
results in the association having one patron member and no other
members, unless the association:
(A) has a sole member that is a cooperative; or
(B) not later than the end of the ninety-day period,
admits at least one member in accordance with the
organic rules and has at least two members, at least
one of which is a patron member.
Collected 2026-09-14T18:32:36Z. Source file · JSON