{"data":{"id":"us-ok/okla.-stat.-tit.-18-18-1145","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 18, § 18-1145","heading":"Control shares - definition","body":"CONTROL SHARES; DEFINITION\n\nAs used in Sections 1145 through 1155 of this title, \"control\n\nshares\" means issued and outstanding shares of an issuing public\n\ncorporation that, except for Sections 1145 through 1155 of this\n\ntitle, would have voting power, when added to all other shares of\n\nthe issuing public corporation owned of record or beneficially by an\n\nacquiring person or in respect to which that acquiring person may\n\nexercise or direct the exercise of voting power, that would entitle\n\nthe acquiring person, immediately after acquisition of the shares,\n\ndirectly or indirectly, to exercise or direct the exercise of the\n\nvoting power of the issuing public corporation in the election of\n\ndirectors within any of the following ranges of voting power:\n\n1. One-fifth (1/5) or more but less than one-third (1/3) of all\n\nvoting power;\n\n2. One-third (1/3) or more but less than a majority of all\n\nvoting power; or\n\n3. A majority or more of all voting power.","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":"b2a67ceec0b9b7c30d1ea6e3e480f136f54fe827679de42931309bbd1ea60443","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-18-18-1144-1","next":"us-ok/okla.-stat.-tit.-18-18-1146"},"notice":"GroundRules: Original legal text. Not legal advice."}