Oklahoma § 18-1013
Full text of Oklahoma Oklahoma Statutes § 18-1013, with citation guidance and answers to common questions.
§ 18-1013.
Bylaws.
BYLAWS
A. The original or other bylaws of a corporation may be
adopted, amended or repealed by the incorporators, by the initial
directors of a corporation other than a nonstock corporation or
initial members of the governing body of a nonstock corporation if
they were named in the certificate of incorporation, or, before a
corporation other than a nonstock corporation has received any
payment for any of its stock, by its board of directors. After a
Oklahoma Statutes - Title 18. Corporations
corporation other than a nonstock corporation has received any
payment for any of its stock, except as otherwise provided in its
certificate of incorporation, the power to adopt, amend or repeal
bylaws shall be in the shareholders entitled to vote. In the case
of a nonstock corporation, the power to adopt, amend or repeal
bylaws shall be in its governing body. Notwithstanding the
foregoing, any corporation may, in its certificate of incorporation,
confer the power to adopt, amend or repeal bylaws upon the directors
or, in the case of a nonstock corporation, upon its members. The
fact that such power has been so conferred upon the directors or
members, as the case may be, shall not divest the shareholders or
governing body of the power, nor limit their power to adopt, amend
or repeal bylaws.
B. The bylaws may contain any provision, not inconsistent with
law or with the certificate of incorporation, relating to the
business of the corporation, the conduct of its affairs, and its
rights or powers or the rights or powers of its shareholders,
directors, officers or employees.
Added by Laws 1986, c. 292, § 13, eff. Nov. 1, 1986. Amended by
Laws 2001, c. 405, § 5, eff. Nov. 1, 2001; Laws 2004, c. 255, § 4,
eff. Nov. 1, 2004; Laws 2019, c. 88, § 5, eff. Nov. 1, 2019.
Frequently Asked Questions About Oklahoma § 18-1013
What does Oklahoma Statutes § 18-1013 cover?
Section 18-1013 is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Oklahoma § 18-1013?
A common citation format is "Oklahoma Statutes § 18-1013" (Oklahoma). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Oklahoma law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.
How does Oklahoma § 18-1013 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Oklahoma.