Oklahoma § 18-381.27 - Membership and voting rights
Full text of Oklahoma Oklahoma Statutes § 18-381.27 — Membership and voting rights, with citation guidance and answers to common questions.
§ 18-381.27. Membership and voting rights
Every holder of a deposit account of a mutual association and
every borrower on the security of a mortgage or acquiring ownership
of property upon which a mortgage is held by the association shall
be deemed a member of such association. In a mutual association, a
holder of a deposit account shall be entitled to one vote for each
One Hundred Dollars ($100.00) of the deposit account of the holder,
and a mortgagor or owner of property on which the association holds
a mortgage shall be entitled to one vote at all meetings of the
members. Holders of the capital stock in a stock association shall
have exclusive voting rights.
Added by Laws 1970, c. 101, § 27, eff. June 1, 1970. Amended by
Laws 1978, c. 168, § 5, eff. July 1, 1979; Laws 2000, c. 81, § 30,
eff. Nov. 1, 2000.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 18-381.27
What does Oklahoma Statutes § 18-381.27 cover?
Section 18-381.27 ("Membership and voting rights") 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 § 18-381.27?
A common citation format is "Oklahoma Statutes § 18-381.27" (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 § 18-381.27 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.