Oklahoma Code § 18-1044
Oklahoma Code § 18-1044. Reproduced from the official Oklahoma Statutes, with a citation summary, verification link, and related provisions.
§ 18-1044.
Payment for Stock Not Paid in Full.
PAYMENT FOR STOCK NOT PAID IN FULL
The capital stock of a corporation shall be paid for in such
amounts and at such times as the directors may require. The
directors, from time to time, may demand payment, in respect of each
share of stock not fully paid, of such sum of money as the
necessities of the business, in the judgment of the board of
directors, may require, not exceeding in the whole the balance
remaining unpaid on such stock, and such sum so demanded shall be
paid to the corporation at such times and by such installments as
the directors shall direct. The directors shall give written notice
of the time and place of such payments, which notice shall be mailed
at least thirty (30) days before the time for such payment, to each
holder of or subscriber for stock which is not fully paid at his
last-known post office address.
Added by Laws 1986, c. 292, § 44, eff. Nov. 1, 1986.
Oklahoma Statutes - Title 18. Corporations
Source: official Oklahoma text · Last verified 2026-08-27
At a glance
- Citation: Oklahoma Statutes § 18-1044
- Jurisdiction: Oklahoma
- Code: Oklahoma Statutes
- Text: transcribed from the official source (verify below)
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Statute text is transcribed from the official Oklahoma Statutes. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Oklahoma attorney.
Common questions
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The text above is transcribed from the Oklahoma Statutes, the codified statutes of Oklahoma. The official publisher link appears under "Verify the text" on this page.
What subject does Oklahoma Statutes § 18-1044 address?
It addresses the rule set out in the section text. Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
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