2022 Oklahoma Statutes
Title 74. State Government
§74-5017.4. Department - Powers and duties.

Universal Citation: 74 OK Stat § 5017.4 (2022)

A. The Department shall encourage and assist in creation and operation of shared foreign sales corporations to benefit businesses in this state.

B. The Department may:

1. Develop model shared foreign sales corporations, including model bylaws, operation manuals, form contracts, a model certificate of incorporation and other appropriate aids that businesses may use in creating and operating shared foreign sales corporations;

2. Provide information and counseling to businesses relating to state, federal, and international law governing shared foreign sales corporations;

3. Provide accounting information and counseling to businesses in connection with creation and operation of shared foreign sales corporations; and

4. Provide other information and assistance necessary to the creation and operation of shared foreign sales corporations to benefit businesses in the state.

Added by Laws 1987, c. 214, § 12, eff. Nov. 1, 1987.

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