Oklahoma § 18-1066 - Voting, Inspection and Other Rights of Bondholders and

§ 18-1066. Voting, Inspection and Other Rights of Bondholders and

Debenture Holders.

VOTING, INSPECTION AND OTHER RIGHTS OF

BONDHOLDERS AND DEBENTURE HOLDERS

Every corporation, in its certificate of incorporation, may

confer upon the holders of any bonds, debentures or other

obligations issued or to be issued by the corporation the power to

vote in respect to the corporate affairs and management of the

corporation to the extent and in the manner provided in the

certificate of incorporation, and may confer upon such holders of

bonds, debentures or other obligations the same right of inspection

of its books, accounts and other records, and also any other rights,

which the shareholders of the corporation have or may have by reason

of the provisions of the Oklahoma General Corporation Act or of its

certificate of incorporation. If the certificate of incorporation

so provides, such holders of bonds, debentures or other obligations

shall be deemed to be shareholders, and their bonds, debentures or

other obligations shall be deemed to be shares of stock, for the

purpose of any provision of the Oklahoma General Corporation Act

which requires the vote of shareholders as a prerequisite to any

corporate action and the certificate of incorporation may divest the

holders of capital stock, in whole or in part, of their right to

vote on any corporate matter whatsoever, except as set forth in

paragraph 2 of subsection B of Section 77 of this act.

Added by Laws 1986, c. 292, § 66, eff. Nov. 1, 1986.