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

Okla. Stat. tit. 18, § 18-441-1501: Disposition of assets not requiring member approval

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

DISPOSITION OF ASSETS NOT REQUIRING MEMBER APPROVAL. Unless the

articles of organization otherwise provide, member approval under

Section 131 of this act is not required for a limited cooperative

association to:

(1) Sell, lease, exchange, license, or otherwise dispose of all

or any part of the assets of the association in the usual and

regular course of business; or

(2) Mortgage, pledge, dedicate to the repayment of

indebtedness, or encumber in any way all or any part of the assets

of the association whether or not in the usual and regular course of

business.

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

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