{"data":{"id":"us-ok/okla.-stat.-tit.-18-18-1034","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 18, § 18-1034","heading":"Consideration for Stock","body":"CONSIDERATION FOR STOCK\n\nA. Shares of stock with par value may be issued for such\n\nconsideration, having a value not less than the par value of the\n\nshares so issued, as determined from time to time in accordance with\n\nSection 1033 of this title, or by the shareholders if the\n\ncertificate of incorporation so provides.\n\nB. Shares of stock without par value may be issued for such\n\nconsideration as determined from time to time in accordance with\n\nSection 1033 of this title, or by the shareholders if the\n\ncertificate of incorporation so provides.\n\nC. Treasury shares may be disposed of by the corporation in the\n\nsame manner that shares of stock are issued under Section 1033 of\n\nthis title, or may be disposed of for such consideration as\n\ndetermined by the shareholders if the certificate of incorporation\n\nso provides.\n\nD. If the certificate of incorporation reserves to the\n\nshareholders the right to determine the consideration for the issue\n\nof any shares, the shareholders, unless the certificate requires a\n\ngreater vote, shall do so by a vote of a majority of the outstanding\n\nstock entitled to vote thereon.","path":["OK Code","Title 18"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os18.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"4addba95ec06c3ba6fe5bfced3b0183f360395498d1b3f59ad47c71cc630fefe","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-18-18-1033","next":"us-ok/okla.-stat.-tit.-18-18-1035"},"notice":"GroundRules: Original legal text. Not legal advice."}