Oklahoma § 18-1017
Full text of Oklahoma Oklahoma Statutes § 18-1017, with citation guidance and answers to common questions.
§ 18-1017.
entities.
Powers respecting securities of other corporations or
POWERS RESPECTING SECURITIES OF
OTHER CORPORATIONS OR ENTITIES
Any corporation organized under the laws of this state may
guarantee, purchase, take, receive, subscribe for or otherwise
acquire; own, hold, use or otherwise employ; sell, lease, exchange,
transfer, or otherwise dispose of; mortgage, lend, pledge or
otherwise deal in and with, bonds and other obligations of, or
shares or other securities or interests in, or issued by, any other
domestic or foreign corporation, partnership, association, or
individual, or by any government or agency or instrumentality
thereof, subject to the limitation prescribed by Section 41 of
Article IX of the Oklahoma Constitution. A corporation while the
owner of any such securities may exercise all the rights, powers and
privileges of ownership, including the right to vote.
Added by Laws 1986, c. 292, § 17, eff. Nov. 1, 1986.
Amended by
Laws 1987, c. 146, § 1, operative Nov. 1, 1987.
Frequently Asked Questions About Oklahoma § 18-1017
What does Oklahoma Statutes § 18-1017 cover?
Section 18-1017 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 § 18-1017?
A common citation format is "Oklahoma Statutes § 18-1017" (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 § 18-1017 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.