{"data":{"id":"us-ok/okla.-stat.-tit.-37a-37a-2-143","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 37A, § 37A-2-143","heading":"Information to be furnished by corporate applicants","body":"A. Any corporation applying for a mixed beverage, beer and\n\nwine, caterer, public event, beer distributor or bottle club, or as\n\nan equity partner in a wine and spirits wholesaler, shall submit to\n\nthe ABLE Commission the following:\n\n1. A certificate of good standing from the office of the\n\nSecretary of State;\n\n2. A list of all corporate officers, directors, executive\n\ncommittee members or members of a similar governing body and their\n\naddresses, except for a charitable organization exempt from taxation\n\nunder Section 501(c)(3),(4),(5),(6),(7),(8),(9),(10), or (19) of the\n\nUnited States Internal Revenue Code, which shall only be required to\n\nfurnish its corporate officers; and\n\n3. A list of all stockholders owning fifteen percent (15%) or\n\nmore of the stock and their addresses.\n\nB. Any corporation applying for a retail wine or retail beer\n\nlicense shall submit to the ABLE Commission the following:\n\n1. A certificate of good standing from the office of the\n\nSecretary of State;\n\n2. A list of all corporate officers and directors, except for a\n\ncharitable organization exempt from taxation under Section\n\n501(c)(3),(4),(5),(6),(7),(8),(9),(10), or (19) of the United States\n\nInternal Revenue Code, which shall only be required to furnish its\n\ncorporate officers; and\n\n3. A list of all stockholders owning fifty-one percent (51%) or\n\nmore of the stock.\n\nC. A corporate licensee shall notify the ABLE Commission in\n\nwriting of any change in the officers or directors of the\n\ncorporation or in the principal managers of premises licensed to the\n\ncorporation and shall pay a fee of One Hundred Dollars ($100.00) for\n\neach notification of change. Provided, service organizations which\n\nare exempt under Section 501(c)(8), (10), or (14) of the Internal\n\nRevenue Code shall be exempt from such fee.\n\nD. A corporate licensee shall notify the ABLE Commission any\n\ntime a person, any type of partnership, limited liability company or\n\nother entity acquires the percentages specified in paragraph 3 of\n\nsubsection A or B of this section, or more, of the stock of the\n\ncorporation. Such notification shall be within thirty (30) days of\n\nacquisition, and the corporation shall pay a fee of One Hundred\n\nDollars ($100.00) for each notification of change.\n\nE. The ABLE Commission may disapprove a change of officers,\n\ndirectors or principal managers or the acquisition of more than the\n\npercentages specified in paragraph 3 of subsection A or B of this\n\nsection of the stock in a licensed corporation if the ABLE\n\nCommission feels that such change would materially affect the\n\nconditions under which the license was issued, such that the license\n\nwould not have been issued had such change been in existence at the\n\ntime of the original application. If such disapproval occurs, the\n\nABLE Commission shall notify the licensee in writing and in the case\n\nof a publicly traded corporation, allow a reasonable time for the\n\nlicensee to remove such officer, director or manager or for the\n\nstockholder to divest himself or herself of any stock held in excess\n\nof the percentages specified in paragraph 3 of subsection A or B of\n\nthis section; provided, a reasonable time may not exceed a ninety-\n\nday period following notification of denial by the ABLE Commission.\n\nFailure to comply with the provisions of this subsection may result\n\nin revocation or suspension of such license.\n\nF. Any person who was an officer or director or who has owned\n\nthe percentages specified in paragraph 3 of subsection A or B of\n\nthis section or more of the stock in a corporation which has been\n\ndenied a license or had a license revoked or suspended pursuant to\n\nthe provisions of the Oklahoma Alcoholic Beverage Control Act shall\n\nnot own stock in any other corporation seeking a license pursuant to\n\nthe provisions of the Oklahoma Alcoholic Beverage Control Act for a\n\nperiod of twelve (12) months from the date the license was revoked\n\nor suspended.\nthe stock in a corporation which has been\n\ndenied a license or had a license revoked or suspended pursuant to\n\nthe provisions of the Oklahoma Alcoholic Beverage Control Act shall\n\nnot own stock in any other corporation seeking a license pursuant to\n\nthe provisions of the Oklahoma Alcoholic Beverage Control Act for a\n\nperiod of twelve (12) months from the date the license was revoked\n\nor suspended.\n\nG. Any person who was a manager or a member of a limited\n\nliability company which has been denied a license or had a license\n\nrevoked or suspended pursuant to the provisions of the Oklahoma\n\nAlcoholic Beverage Control Act shall not own stock in any\n\ncorporation seeking a license pursuant to the provisions of the\n\nOklahoma Alcoholic Beverage Control Act for a period of twelve (12)\n\nmonths from the date the license was revoked or suspended.","path":["OK Code","Title 37A"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os37A.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"206d091f76a6d36aed869eeb3d5d2515a97b7313769a6540b367eba5ad8a2fa2","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-37a-37a-2-142","next":"us-ok/okla.-stat.-tit.-37a-37a-2-143.1"},"notice":"GroundRules: Original legal text. Not legal advice."}