Oklahoma § 18-1100.3 - Foreign corporations; definition; qualification to do

Full text of Oklahoma Oklahoma Statutes § 18-1100.3 — Foreign corporations; definition; qualification to do, with citation guidance and answers to common questions.

§ 18-1100.3. Foreign corporations; definition; qualification to do

business in state; procedure.

LIABILITY OF SHAREHOLDERS OF DISSOLVED CORPORATIONS

Oklahoma Statutes - Title 18. Corporations

A. A shareholder of a dissolved corporation the assets of which

were distributed pursuant to subsection A or B of Section 1100.2 of

this title shall not be liable for any claim against the corporation

in an amount in excess of the shareholder's pro rata share of the

claim or the amount distributed to the shareholder, whichever is

less.

B. A shareholder of a dissolved corporation the assets of which

were distributed pursuant to subsection A of Section 1100.2 of this

title shall not be liable for any claim against the corporation on

which an action, suit, or proceeding is not begun prior to the

expiration of the period described in Section 1099 of this title.

C. The aggregate liability of any shareholder of a dissolved

corporation for claims against the dissolved corporation shall not

exceed the amount distributed to the shareholder in dissolution.

Added by Laws 1986, c. 292, § 130, eff. Nov. 1, 1986. Amended by

Laws 1987, c. 146, § 9, operative Nov. 1, 1987; Laws 1991, c. 331, §

56, eff. Sept. 1, 1991; Laws 1998, c. 422, § 25, eff. Nov. 1, 1998.

Source: official Oklahoma text · Last verified 2026-08-27

Frequently Asked Questions About Oklahoma § 18-1100.3

What does Oklahoma Statutes § 18-1100.3 cover?

Section 18-1100.3 ("Foreign corporations; definition; qualification to do") 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 § 18-1100.3?

A common citation format is "Oklahoma Statutes § 18-1100.3" (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 § 18-1100.3 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.