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Oklahoma · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Okla. Stat. tit. 18, § 18-441-1301: Derivative action

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Where this section sits in the code
  1. OK Code
  2. Title 18

DERIVATIVE ACTION. A member may maintain a derivative action to

enforce a right of a limited cooperative association if:

(1) The member demands that the association bring an action to

enforce the right; and

(2) Any of the following occur:

(A) the association does not, within ninety (90) days

after the member makes the demand, agree to bring the

action;

(B) the association notifies the member that it has

rejected the demand;

(C) irreparable harm to the association would result by

waiting ninety (90) days after the member makes the

demand; or

(D) the association agrees to bring an action demanded and

fails to bring the action within a reasonable time.

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

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