Oklahoma § 18-1044
Full text of Oklahoma Oklahoma Statutes § 18-1044, with citation guidance and answers to common questions.
§ 18-1044.
Payment for Stock Not Paid in Full.
PAYMENT FOR STOCK NOT PAID IN FULL
The capital stock of a corporation shall be paid for in such
amounts and at such times as the directors may require. The
directors, from time to time, may demand payment, in respect of each
share of stock not fully paid, of such sum of money as the
necessities of the business, in the judgment of the board of
directors, may require, not exceeding in the whole the balance
remaining unpaid on such stock, and such sum so demanded shall be
paid to the corporation at such times and by such installments as
the directors shall direct. The directors shall give written notice
of the time and place of such payments, which notice shall be mailed
at least thirty (30) days before the time for such payment, to each
holder of or subscriber for stock which is not fully paid at his
last-known post office address.
Added by Laws 1986, c. 292, § 44, eff. Nov. 1, 1986.
Oklahoma Statutes - Title 18. Corporations
Frequently Asked Questions About Oklahoma § 18-1044
What does Oklahoma Statutes § 18-1044 cover?
Section 18-1044 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 § 18-1044?
A common citation format is "Oklahoma Statutes § 18-1044" (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 § 18-1044 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.