Okla. Stat. tit. 18, § 18-441-817: Committees
Where this section sits in the code
- OK Code
- Title 18
COMMITTEES.
(a) Unless the organic rules otherwise provide, a board of
directors may create one or more committees and appoint one or more
individuals to serve on a committee.
(b) Unless the organic rules otherwise provide, an individual
appointed to serve on a committee of a limited cooperative
association need not be a director or member.
(c) An individual who is not a director and is serving on a
committee has the same rights, duties, and obligations as a director
serving on the committee.
(d) Unless the organic rules otherwise provide, each committee
of a limited cooperative association may exercise the powers
delegated to it by the board of directors, but a committee may not:
(1) Approve allocations or distributions except according to a
formula or method prescribed by the board of directors;
(2) Approve or propose to members action requiring approval of
members; or
(3) Fill vacancies on the board of directors or any of its
committees.
Collected 2026-09-14T18:32:36Z. Source file · JSON