{"data":{"id":"us-ok/okla.-stat.-tit.-18-18-905","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 18, § 18-905","heading":"Limitation on amount of capital stock acquired by member -","body":"Minimum capital stock.\n\n(1) Notwithstanding any other provision of law, any person,\n\ncorporation, public utility, financial institution, or labor union,\n\nmay acquire, hold, sell, assign, transfer, mortgage, pledge, or\n\notherwise dispose of any bonds, notes, debentures, securities, or\n\nother evidences of indebtedness, or the shares of capital stock of a\n\ncorporation created hereunder; provided that the amount of capital\n\nstock which may be acquired by any member of such corporation shall\n\nnot exceed ten percent (10%) of the loan limit of such member.\n\n(2) The capital stock of any such corporation shall be not less\n\nthan Two Hundred Fifty Thousand Dollars ($250,000.00) to be\n\nevidenced by two thousand five hundred (2,500) shares, having a par\n\nvalue of One Hundred Dollars ($100.00) each, at least ten percent\n\n(10%) of the capital stock of any such corporation shall be paid\n\ninto the treasury before it is authorized to transact any business\n\nother than such as relates to its organization.","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":"34e921c9efcbf8d605a98290c8829bf7aa2ec2de335519f18cb1a15459bea7ed","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-18-18-904","next":"us-ok/okla.-stat.-tit.-18-18-906"},"notice":"GroundRules: Original legal text. Not legal advice."}