Oklahoma Code § 18-1116
Oklahoma Code § 18-1116. Reproduced from the official Oklahoma Statutes, with a citation summary, verification link, and related provisions.
§ 18-1116.
Discontinuance of Liquidation.
DISCONTINUANCE OF LIQUIDATION
The liquidation of the assets and business of an insolvent
corporation may be discontinued at any time during the liquidation
proceedings when it is established that cause for liquidation no
longer exists. In such event the district court in its discretion,
and subject to such condition as it may deem appropriate, may
Oklahoma Statutes - Title 18. Corporations
dismiss the proceedings and direct the receiver or trustee to
redeliver to the corporation all of its remaining property and
assets.
Added by Laws 1986, c. 292, § 116, eff. Nov. 1, 1986.
Source: official Oklahoma text · Last verified 2026-08-27
At a glance
- Citation: Oklahoma Statutes § 18-1116
- 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
What is the source of Oklahoma Statutes § 18-1116?
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 § 18-1116 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.
Is Oklahoma Statutes § 18-1116 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Oklahoma source before relying on this text.
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