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§ 956. Action for divestment--Cost--Attorney fees

Oklahoma Statutes AnnotatedTitle 18. Corporations

Oklahoma Statutes Annotated
Title 18. Corporations (Refs & Annos)
Chapter 21. Farming or Ranching Business Corporations (Refs & Annos)
18 Okl.St.Ann. § 956
§ 956. Action for divestment--Cost--Attorney fees
A. Any resident of the county in which the land is situated, who is of legal age, may initiate an action in the district court in the county wherein the land is situated for the divestment of an interest in land held in violation of Section 1 of this act.1 If such action is successful, all costs of the action shall be assessed against the defendant and a reasonable attorney fee shall be allowed the plaintiff, and, should judgment be rendered for the defendant, such costs and a reasonable attorney fee for the defendant shall be paid by the plaintiff.
B. In the event an action for the divestment of an interest in land held in violation of Section 1 of this act is successful, the defendant shall be required to dispose of said land within such reasonable period of time as may be ordered by the court, subject to the right of appeal of said defendant.

Credits

Laws 1978, c. 169, § 2, emerg. eff. April 10, 1978.

Footnotes

Title 18, § 955.
18 Okl. St. Ann. § 956, OK ST T. 18 § 956
Current with emergency effective legislation through Chapter 378 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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