Oklahoma § 18-1127 - Liability of corporation, etc. - Impairment by certain
Full text of Oklahoma Oklahoma Statutes § 18-1127 — Liability of corporation, etc. - Impairment by certain, with citation guidance and answers to common questions.
§ 18-1127. Liability of corporation, etc. - Impairment by certain
transactions.
LIABILITY OF CORPORATION, ETC.;
IMPAIRMENT BY CERTAIN TRANSACTIONS
The liability of a corporation of this state, or of the
shareholders, directors or officers thereof, or the rights or
remedies of the creditors thereof, or persons doing or transacting
business with the corporation, shall not in any way be lessened or
impaired by the sale of its assets, or by the increase or decrease
in the capital stock of the corporation, or by its merger or
consolidation with one or more corporations or by any change or
amendment in its certificates of incorporation.
Added by Laws 1986, c. 292, § 127, eff. Nov. 1, 1986.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 18-1127
What does Oklahoma Statutes § 18-1127 cover?
Section 18-1127 ("Liability of corporation, etc. - Impairment by certain") 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 § 18-1127?
A common citation format is "Oklahoma Statutes § 18-1127" (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 § 18-1127 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.