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2020 Oklahoma Statutes
Title 18. Corporations
§18-441-512. Determination of voting power of patron member.
Universal Citation:
18 OK Stat § 18-441-512 (2020)
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DETERMINATION OF VOTING POWER OF PATRON MEMBER.
(a) The organic rules may allocate voting power among patron members on the basis of one or a combination of the following:
(1) One member, one vote;
(2) Use or patronage;
(3) Equity; or
(4) If a patron member is a cooperative, the number of its patron members.
(b) The organic rules may provide for the allocation of patron member voting power by districts or class, or any combination thereof.
Added by Laws 2009, c. 68, § 51, eff. Jan. 1, 2010.
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