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

Okla. Stat. tit. 66, § 66-168: Domestic corporations - Increase of capital stock

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Where this section sits in the code
  1. OK Code
  2. Title 66

Every railroad corporation organized under the laws of the

Territory of Oklahoma or of the Indian Territory within three (3)

years prior to the taking effect of the Constitution of this state,

that has complied with the Constitution of this state, and the

capital stock of which, as provided in its articles of

incorporation, was or is insufficient to construct its contemplated

railroad, and which has been, or is in order to construct the same,

required by necessity to increase its capital stock, may increase

its capital stock under the laws of this state, and may file with

the Secretary of State a certified copy of the proceedings of its

board of directors and stockholders authorizing such increase, and a

certificate of its chief engineer under oath, showing the estimated

cost of its main lines, sidetracks, and permanent improvements in

the state, and such corporation shall pay to the Secretary of State

one-tenth of one percent (1/10 of 1%) of such estimated cost,

without being required to pay to the State of Oklahoma the fee

required under Section 3253: Provided, that such corporation shall

pay all other fees required by law.

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

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