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§ 441-403. Method of voting on amendment of organic rules

Oklahoma Statutes AnnotatedTitle 18. Corporations

Oklahoma Statutes Annotated
Title 18. Corporations (Refs & Annos)
Chapter 10A. Uniform Limited Cooperative Association Act (Refs & Annos)
Article 4. Amendment to Organic Rules of Limited Cooperative Association
18 Okl.St.Ann. § 441-403
§ 441-403. Method of voting on amendment of organic rules
Currentness
METHOD OF VOTING ON AMENDMENT OF ORGANIC RULES.
(a) A substantive change to a proposed amendment of the organic rules may not be made at the members meeting at which a vote on the amendment occurs.
(b) A nonsubstantive change to a proposed amendment of the organic rules may be made at the members meeting at which the vote on the amendment occurs and need not be separately voted upon by the board of directors.
(c) A vote to adopt a nonsubstantive change to a proposed amendment to the organic rules must be by the same percentage of votes required to pass a proposed amendment.

Credits

Laws 2009, c. 68, § 35, eff. Jan. 1, 2010.
18 Okl. St. Ann. § 441-403, OK ST T. 18 § 441-403
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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