Oklahoma Statutes

Okla. Stat. tit. 18, § 1002 (2026)

Scope of Act

✓ current as of July 2026
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SCOPE OF ACT A. The provisions of the Oklahoma General Corporation Act shall be applicable to every corporation, whether profit or not for profit, stock or nonstock, existing as of the effective date of this act or thereafter formed or qualified to transact business in this state, and to all securities thereof, except to the extent that: 1. any such corporation is expressly excluded from the operation of the Oklahoma General Corporation Act or portions thereof; or 2. special provisions concerning any such corporation conflict with the provisions of the Oklahoma General Corporation Act, in which case such special provisions shall govern. B. Any conflicts with the provisions of the Oklahoma General Corporation Act and any tax or unclaimed property laws of this state shall be governed by the tax or unclaimed property provisions, including those provisions relating to personal liability of corporate officers and directors. C. The provisions of the Oklahoma General Corporation Act concerning qualification of foreign corporations and providing requirements and duties relating to such corporations shall not apply to insurance companies subject to the jurisdiction of the Insurance Commissioner or to foreign transportation companies subject to the jurisdiction of the Corporation Commission, existing as of the effective date of this act or thereafter qualified to transact business in this state. Added by Laws 1986, c. 292, § 2, eff. Nov. 1, 1986.

Notes of Decisions
Cited in 4 cases (1 in the last 5 years), 1989–2025 · leading case: Williams v. Smith & Nephew, Inc., 2009 OK 36 (Okla. 2009).
Williams v. Smith & Nephew, Inc., 2009 OK 36 (Okla. 2009). “and the corporation after its renewal and revival shall be as exclusively liable for all contract, acts, matters and things made, done or performed in its name and on its behalf by its officers and agents prior to its reinstatement, as if its certificate of incorporation had at…”
State Ins. Fund v. AAA Eng'g & Drafting, Inc., 863 P.2d 1218 (Okla. 1993). “Okla.Stat. tit. 18, § 1002(B) (1991), provides: Any conflicts with the provisions of the Oklahoma General Corporation Act [ Okla.”
Question Submitted by: The Honorable Gerrid Kendrix, Rep., Oklahoma House of Representatives, Dist. 52, 2025 OK AG 15 (Okla. Att’y Gen. 2025). · cites it 2× “See 18 O.S.2021, § 1002 id. § 1005(A) (setting forth procedure for formation and lawful purposes), id.”
Will Rogers Bank & Trust Co. v. Watson (In Re Watson), 104 B.R. 393 (Bankr. E.D. Okla. 1989). “A reconciliation of these two sections may be found in Okla.Stat.Ann. tit. 18, § 1002(B) (West, 1986) which states: Any conflicts with the provisions of the Oklahoma General Corporation Act and any tax or unclaimed property laws of this state shall be governed by the tax or…”
— Okla. Stat. tit. 18, § 1002(B) — 2 cases
State Ins. Fund v. AAA Eng'g & Drafting, Inc., 863 P.2d 1218 (Okla. 1993). “Okla.Stat. tit. 18, § 1002(B) (1991), provides: Any conflicts with the provisions of the Oklahoma General Corporation Act [ Okla.”
Will Rogers Bank & Trust Co. v. Watson (In Re Watson), 104 B.R. 393 (Bankr. E.D. Okla. 1989). “A reconciliation of these two sections may be found in Okla.Stat.Ann. tit. 18, § 1002(B) (West, 1986) which states: Any conflicts with the provisions of the Oklahoma General Corporation Act and any tax or unclaimed property laws of this state shall be governed by the tax or…”
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