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§ 1643. Presumption of assent when director was absent from meeting

Oklahoma Statutes AnnotatedTitle 21. Crimes and Punishments

Oklahoma Statutes Annotated
Title 21. Crimes and Punishments
Part VII. Crimes Against Property
Chapter 64. Frauds and Offenses in Corporation Affairs (Refs & Annos)
21 Okl.St.Ann. § 1643
§ 1643. Presumption of assent when director was absent from meeting
Any director of a corporation or joint-stock association, although not present at the meeting of the directors at which any act, proceeding or omission of such directors, in violation of this article,1 occurs, is deemed to have concurred therein, if the facts constituting such violation appear on the record or minutes of the proceedings of the board of directors, and he remains a director of the same company for six (6) months thereafter, and does not, within that time, cause or in writing require his dissent from such illegality to be entered in the minutes of the directors.

Credits

R.L.1910, § 2733.
Chapters 56 through 60 appear in this volume

Footnotes

R.L.1910, c. 23, art. 47; now, Title 21, § 1631 et seq.
21 Okl. St. Ann. § 1643, OK ST T. 21 § 1643
Current with emergency effective legislation through Chapter 295 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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