LegalFix
Sign In

§18-381.17. Contents of certificate of incorporation.

18 OK Stat § 18-381.17 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

The certificate of incorporation shall set forth:

1. The name of the association;

2. That its term of existence is perpetual;

3. That the purpose for which it is formed is to engage in the business of an association pursuant to the Oklahoma Savings and Loan Code and the rules promulgated thereunder;

4. The place where it is to maintain the main office for the transaction of business;

5. The names and addresses of the incorporators, and the amounts of the deposit accounts or number of shares of stock subscribed by each of them;

6. If the association will be a stock association, the number of shares of stock of each class to be authorized and issued and the par value per share; and

7. Such other proper provisions to govern the business and affairs of the association as may be desired by the incorporators.

Added by Laws 1970, c. 101, § 17, eff. June 1, 1970. Amended by Laws 1988, c. 65, § 10, emerg. eff. March 25, 1988; Laws 1993, c. 183, § 39, eff. July 1, 1993; Laws 2000, c. 81, § 13, eff. Nov. 1, 2000.

Previous Section
§18-381.16. Filing requirements for new mutual and stock associations.
Next Section
§18-381.18. Application and supporting data.