§ 2601. Corporations authorized--Powers
Oklahoma Statutes AnnotatedTitle 36. Insurance
36 Okl.St.Ann. § 2601
§ 2601. Corporations authorized--Powers
A. Corporations may be organized not for profits under the laws of the State of Oklahoma, for the purpose of establishing, maintaining and operating a not-for-profit hospital service or indemnity plan, and/or a not-for-profit medical or indemnity plan, for the purpose of making contracts of insurance or indemnity, or for the purpose of making indemnity plan contracts, or for all such purposes, by complying with the provisions of this article and shall be exempt from all other provisions of the insurance laws and the general corporation laws of this state, unless otherwise specifically provided herein.
10. Make or amend bylaws not inconsistent with law or provisions of the articles of incorporation, provided such bylaws shall fix the date and place of the annual meeting of members, shall designate the number of directors which shall not be less than five (5), and shall define the duties of the officers and fix the term of office of the directors and officers of such corporation; and
Credits
Laws 1957, p. 327, § 2601, operative July 1, 1957; Laws 1988, c. 227, § 2, emerg. eff. June 20, 1988.
36 Okl. St. Ann. § 2601, OK ST T. 36 § 2601
Current with emergency effective legislation through Chapter 257 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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