Oklahoma Code § 18-1017

§ 18-1017.

entities.

Powers respecting securities of other corporations or

POWERS RESPECTING SECURITIES OF

OTHER CORPORATIONS OR ENTITIES

Any corporation organized under the laws of this state may

guarantee, purchase, take, receive, subscribe for or otherwise

acquire; own, hold, use or otherwise employ; sell, lease, exchange,

transfer, or otherwise dispose of; mortgage, lend, pledge or

otherwise deal in and with, bonds and other obligations of, or

shares or other securities or interests in, or issued by, any other

domestic or foreign corporation, partnership, association, or

individual, or by any government or agency or instrumentality

thereof, subject to the limitation prescribed by Section 41 of

Article IX of the Oklahoma Constitution. A corporation while the

owner of any such securities may exercise all the rights, powers and

privileges of ownership, including the right to vote.

Added by Laws 1986, c. 292, § 17, eff. Nov. 1, 1986.

Amended by

Laws 1987, c. 146, § 1, operative Nov. 1, 1987.