Oklahoma Code § 18-1147

Oklahoma Code § 18-1147. Reproduced from the official Oklahoma Statutes, with a citation summary, verification link, and related provisions.

§ 18-1147.

Interested shares - Definition.

INTERESTED SHARES; DEFINITION

As used in Sections 1145 through 1155 of this title "interested

shares" means the shares of an issuing public corporation in respect

of which any of the following persons may exercise or direct the

exercise, as of the applicable record date, of the voting power of

the corporation in the election of directors other than solely by

the authority of a revocable proxy:

1. The acquiring person;

2. Any officer of the issuing public corporation; or

3. Any employee of the issuing public corporation who is also a

director of the corporation.

Added by Laws 1987, c. 146, § 17, emerg. eff. June 24, 1987.

Amended by Laws 1990, c. 328, § 8, eff. Sept. 1, 1990; Laws 1991, c.

53, § 5, eff. Sept. 1, 1991.

Source: official Oklahoma text · Last verified 2026-08-27

At a glance

  • Citation: Oklahoma Statutes § 18-1147
  • 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:

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Common questions

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