Oklahoma § 36-2679 - Participating dentists as members; meetings; officers

§ 36-2679. Participating dentists as members; meetings; officers

Every participating dentist under contract with a dental service

corporation created under this Article shall be a member of such

corporation. Annually the members in person or by proxy shall meet

to conduct the business of the corporation. At each such annual

meeting, or at any special meeting properly called as provided for

in the bylaws of the corporation, each person who is a member shall

have one vote and may exercise the privilege of voting on all

matters brought before the membership. A simple majority of the

votes cast shall be sufficient to carry all matters brought before

the membership. If a majority of the directors at any time so

decides, a matter may be submitted to a special meeting of the

members of the corporation following such procedure as the

corporation may provide for in its bylaws. At each annual meeting,

the members shall vote to elect one-third (1/3) of the directors of

the corporation. The directors shall be elected for terms of three

(3) years in office. The directors shall elect the officers, who

shall serve for one (1) year in office and thereafter until their

successors are designated by the directors.

Laws 1973, c. 104, § 9, emerg. eff. May 3, 1973.