Oklahoma § 18-2058

Full text of Oklahoma Oklahoma Statutes § 18-2058, with citation guidance and answers to common questions.

§ 18-2058.

Rules of construction of act.

RULES OF CONSTRUCTION OF ACT

A. The rules that statutes in derogation of the common law are

to be strictly construed shall have no application to the Oklahoma

General Corporation Act.

B. The law of estoppel shall apply to this act.

C. The law of agency shall apply under this act.

D. It is the policy of this act to give the maximum effect to

the principle of freedom of contract and to the enforceability of

operating agreements.

E. This act shall not be construed so as to impair the

obligations of any contract existing when the act goes into effect,

nor to affect any action or proceedings begun or right accrued

before this act takes effect.

Added by Laws 1992, c. 148, § 59, eff. Sept. 1, 1992. Amended by

Laws 2001, c. 405, § 40, eff. Nov. 1, 2001.

Frequently Asked Questions About Oklahoma § 18-2058

What does Oklahoma Statutes § 18-2058 cover?

Section 18-2058 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 § 18-2058?

A common citation format is "Oklahoma Statutes § 18-2058" (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 § 18-2058 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.