Oklahoma Code § 18-1155
Oklahoma Code § 18-1155. Reproduced from the official Oklahoma Statutes, with a citation summary, verification link, and related provisions.
§ 18-1155.
Rights of dissenting shareholders.
RIGHTS OF DISSENTING SHAREHOLDERS
A. Unless otherwise provided in a corporation's certificate of
incorporation or bylaws before a control share acquisition has
occurred, in the event control shares acquired in a control share
acquisition are accorded full voting rights and the acquiring person
has acquired control shares with a majority or more of all voting
power, all shareholders of the issuing public corporation have
dissenters' rights.
Oklahoma Statutes - Title 18. Corporations
B. As soon as practicable after such events have occurred, the
board of directors shall cause a notice to be sent to all
shareholders of the corporation advising them of the facts and that
they have dissenters' rights to receive the fair value of their
shares pursuant to Section 1091 of Title 18 of the Oklahoma
Statutes.
C. As used in this section, "fair value" means a value not less
than the highest price paid per share by the acquiring person in the
control share acquisition.
Added by Laws 1987, c. 146, § 25, emerg. eff. June 24, 1987.
Source: official Oklahoma text · Last verified 2026-08-27
At a glance
- Citation: Oklahoma Statutes § 18-1155
- Jurisdiction: Oklahoma
- Code: Oklahoma Statutes
- Text: transcribed from the official source (verify below)
Verify the text
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 § 18-1155 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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