Oklahoma § 18-1059
Full text of Oklahoma Oklahoma Statutes § 18-1059, with citation guidance and answers to common questions.
§ 18-1059.
Cumulative Voting.
CUMULATIVE VOTING
The certificate of incorporation of any corporation may provide
that at all elections of directors of the corporation, or at
elections held under specified circumstances, each holder of stock
or of any class or classes or of a series or series thereof shall be
entitled to as many votes as shall equal the number of votes which,
except for such provision as to cumulative voting, he would be
entitled to cast for the election of directors with respect to his
shares of stock multiplied by the number of directors to be elected
by him, and that he may cast all of such votes for a single director
or may distribute them among the number to be voted for, or for any
two (2) or more of them as he may see fit.
Added by Laws 1986, c. 292, § 59, eff. Nov. 1, 1986.
Oklahoma Statutes - Title 18. Corporations
Frequently Asked Questions About Oklahoma § 18-1059
What does Oklahoma Statutes § 18-1059 cover?
Section 18-1059 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 § 18-1059?
A common citation format is "Oklahoma Statutes § 18-1059" (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 § 18-1059 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.