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§ 441-512. Determination of voting power of patron member

Oklahoma Statutes AnnotatedTitle 18. Corporations

Oklahoma Statutes Annotated
Title 18. Corporations (Refs & Annos)
Chapter 10A. Uniform Limited Cooperative Association Act (Refs & Annos)
Article 5. Members
18 Okl.St.Ann. § 441-512
§ 441-512. Determination of voting power of patron member
DETERMINATION OF VOTING POWER OF PATRON MEMBER.
(a) The organic rules may allocate voting power among patron members on the basis of one or a combination of the following:
(1) One member, one vote;
(2) Use or patronage;
(3) Equity; or
(4) If a patron member is a cooperative, the number of its patron members.
(b) The organic rules may provide for the allocation of patron member voting power by districts or class, or any combination thereof.

Credits

Laws 2009, c. 68, § 51, eff. Jan. 1, 2010.
18 Okl. St. Ann. § 441-512, OK ST T. 18 § 441-512
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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