Okla. Stat. tit. 18, § 18-441-1203: Judicial dissolution

JUDICIAL DISSOLUTION. The district court may dissolve a limited

cooperative association or order any action that under the

circumstances is appropriate and equitable:

(1) In a proceeding initiated by the Attorney General, if:

(A) the association obtained its articles of organization

through fraud; or

(B) the association has continued to exceed or abuse the

authority conferred upon it by law; or

(2) In a proceeding initiated by a member, if:

(A) the directors are deadlocked in the management of the

association’s affairs, the members are unable to break

the deadlock, and irreparable injury to the

association is occurring or is threatened because of

the deadlock;

(B) the directors or those in control of the association

have acted, are acting, or will act in a manner that

is illegal, oppressive, or fraudulent;

(C) the members are deadlocked in voting power and have

failed to elect successors to directors whose terms

have expired for two consecutive periods during which

annual members meetings were held or were to be held;

or

(D) the assets of the association are being misapplied or

wasted.