§ 1205. Termination of benefit corporation status
Oklahoma Statutes AnnotatedTitle 18. CorporationsEffective: November 1, 2019
Effective: November 1, 2019
18 Okl.St.Ann. § 1205
§ 1205. Termination of benefit corporation status
A. A benefit corporation may terminate its status and cease to be subject to the Oklahoma Benefit Corporation Act by amending its certificate of incorporation to delete the provision required by Sections 3 and 4 of this act1 to be stated in the certificate of a benefit corporation. In order to be effective, the amendment shall be adopted by at least the minimum status vote.
Credits
Laws 2019, c. 45, § 5, eff. Nov. 1, 2019.
Footnotes
Title 18, § 1203, 1204.
18 Okl. St. Ann. § 1205, OK ST T. 18 § 1205
Current with legislation of the First Regular Session of the 59th Legislature (2023) and the First Extraordinary Session of the 59th Legislature (2023). Some sections may be more current, see credits for details.
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