Oklahoma § 82-1324.33 - Dissolution of corporation - Transfer of assets,
Full text of Oklahoma Oklahoma Statutes § 82-1324.33 — Dissolution of corporation - Transfer of assets,, with citation guidance and answers to common questions.
§ 82-1324.33. Dissolution of corporation - Transfer of assets,
property, obligations and benefits.
A. Upon the affirmative order of the board of county
commissioners to organize the district, the corporation shall be
Oklahoma Statutes - Title 82. Waters and Water Rights
deemed dissolved. The board of directors of the corporation shall
file notice of such dissolution with the Secretary of State.
B. All debts, liabilities and obligations of the corporation
shall be paid and discharged or transferred pursuant to subsection E
of this section.
C. Upon filing with the Secretary of State of notice of
dissolution, the corporation shall cease to carry on its business
except insofar as may be necessary for the winding up thereof.
D. Upon receipt of notice of dissolution and compliance with
the provisions of this section, the Secretary of State shall issue a
certificate of dissolution for the corporation.
E. 1. Except as otherwise provided by subsection B of this
section, any employee benefits, assets, easements, and titles to any
real property or personal property held by the corporation shall be
construed to be the benefits, assets, easements, property and
obligation of the district.
2. A single notice of the transfer shall be filed for such
assets, easements or titles of record with the Secretary of State
and in the office of the county clerk where such records are
located.
3. Unless otherwise discharged by law, all legal proceedings
instituted by or against the corporation prior to the organization
of a district pursuant to the provisions of this act shall upon
petition be renewed and continued by or against the district by an
order of the court constituting the name of such district.
Added by Laws 1989, c. 103, § 4, emerg. eff. April 25, 1989.
Renumbered from Title 18, § 863.4 by Laws 1989, c. 369, § 153,
operative July 1, 1989.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 82-1324.33
What does Oklahoma Statutes § 82-1324.33 cover?
Section 82-1324.33 ("Dissolution of corporation - Transfer of assets,") 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 § 82-1324.33?
A common citation format is "Oklahoma Statutes § 82-1324.33" (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 § 82-1324.33 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.