Oklahoma § 36-2805 - Restrictions as to corporate acts
Full text of Oklahoma Oklahoma Statutes § 36-2805 — Restrictions as to corporate acts, with citation guidance and answers to common questions.
§ 36-2805. Restrictions as to corporate acts
Every such association shall not insure other than its own
members; issue capital stock or have any capitalization whatsoever;
be run or conducted for profit to any member or person whomsoever;
pay any salary or compensation to its president, secretary,
treasurer, board of directors, or other officer or person, except as
in this article provided; pass or enact any bylaw creating different
classes of membership or depriving any member of the full rights of
suffrage therein.
Laws 1957, p. 353, Sec. 2805.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 36-2805
What does Oklahoma Statutes § 36-2805 cover?
Section 36-2805 ("Restrictions as to corporate acts") 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 § 36-2805?
A common citation format is "Oklahoma Statutes § 36-2805" (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 § 36-2805 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.