Oklahoma § 18-543 - Right to hold real property limited

Full text of Oklahoma Oklahoma Statutes § 18-543 — Right to hold real property limited, with citation guidance and answers to common questions.

§ 18-543. Right to hold real property limited

All corporations organized for religious, charitable,

educational or scientific purposes may hold all the property of the

association owned prior to incorporation, as well as that acquired

thereafter in any manner and transact all business relative thereto;

but no such corporation shall own or hold more real property than

may be reasonably necessary for the business and objects of the said

association.

Amended by Laws 1986, c. 292, § 146, eff. Nov. 1, 1986.

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

Frequently Asked Questions About Oklahoma § 18-543

What does Oklahoma Statutes § 18-543 cover?

Section 18-543 ("Right to hold real property limited") 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 § 18-543?

A common citation format is "Oklahoma Statutes § 18-543" (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 § 18-543 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.