§ 39. Restrictions on issuance of stock
Oklahoma Statutes AnnotatedConstitution of the State of Oklahoma [Annotated]
OK Const. Art. 9, § 39
§ 39. Restrictions on issuance of stock
No corporation shall issue stock except for money, labor done, or property actually received, at a stated value thereof, and the Legislature shall prescribe the necessary regulations to prevent the issue of fictitious stock or indebtedness.
Credits
Amended by State Question No. 458, Legislative Referendum No. 171, adopted at election held Sept. 17, 1968.
OK Const. Art. 9, § 39, OK CONST Art. 9, § 39
Current with amendments approved through June 30, 2020.
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