2020 Oklahoma Statutes
Title 18. Corporations
§18-1014.1. Interpretation and enforcement of corporate instruments and provisions of this title.

Universal Citation: 18 OK Stat § 18-1014.1 (2020)

NTERPRETATION AND ENFORCEMENT OF CORPORATE INSTRUMENTS AND PROVISIONS OF THIS TITLE

A. Any shareholder, member or director may bring an action to interpret, apply or enforce or determine the validity of:

1. The provisions of the certificate of incorporation or the bylaws of a domestic corporation;

2. Any instrument, document or agreement (a) by which a corporation creates or sells, or offers to create or sell, any of its stock, or any rights or options respecting its stock, or (b) to which a corporation and one or more holders of its stock are parties, and pursuant to which any such holder or holders sell or offer to sell any of such stock, or (c) by which a corporation agrees to sell, lease or exchange any of its property or assets, and which by its terms provides that one or more holders of its stock approve of or consent to such sale, lease or exchange;

3. Any written restrictions on the transfer, registration of transfer or ownership of securities under Section 1055 of this title;

4. Any proxy under Section 1057 or 1060 of this title;

5. Any voting trust or other voting agreement under Section 1063 of this title;

6. Any agreement, certificate of merger or consolidation, or certificate of ownership and merger governed by Sections 1081 through 1087, or Section 1090.2 of this title;

7. Any certificate of conversion under Section 1090.4 or 1090.5 of this title; or

8. Any other instrument, document, agreement or certificate required by any provision of this title,

may be brought in the district court, except to the extent that a statute confers exclusive jurisdiction on a court, agency or tribunal other than the district court.

B. Any civil action to interpret, apply or enforce any provision of this title may be brought in the district court.

Added by Laws 2001, c. 405, § 6, eff. Nov. 1, 2001. Amended by Laws 2017, c. 323, § 2, eff. Nov. 1, 2017.

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