{"data":{"id":"us-ok/okla.-stat.-tit.-18-18-1154","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 18, § 18-1154","heading":"Redemption of control shares","body":"REDEMPTION OF CONTROL SHARES\n\nA. If authorized in a corporation's certificate of\n\nincorporation or bylaws before a control share acquisition has\n\noccurred, control shares acquired in a control share acquisition\n\nwith respect to which no acquiring person statement has been filed\n\nwith the issuing public corporation may, at any time during the\n\nperiod ending sixty (60) days after the last acquisition of control\n\nshares by the acquiring person, be subject to redemption by the\n\ncorporation at the fair value thereof pursuant to the procedures\n\nadopted by the corporation.\n\nB. Control shares acquired in a control share acquisition are\n\nnot subject to redemption after an acquiring person statement has\n\nbeen filed unless the shares are not accorded full voting rights by\n\nthe shareholders as provided in Section 23 of this act.","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":"583891b66c6eff19405290128b108e9eb6cbc1bff4fa08e4d094dd3416db1cdd","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-18-18-1153","next":"us-ok/okla.-stat.-tit.-18-18-1155"},"notice":"GroundRules: Original legal text. Not legal advice."}