Okla. Stat. » Title 18 — CORPORATIONS
Oklahoma Statutes

Okla. Stat. tit. 18, § 1099 (2026)

Continuation of corporation after dissolution for

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purposes of suit and winding up affairs. CONTINUATION OF CORPORATION AFTER DISSOLUTION FOR PURPOSES OF SUIT AND WINDING UP AFFAIRS All corporations, whether they expire by their own limitation or are otherwise dissolved, nevertheless shall be continued, for the term of three (3) years from such expiration or dissolution or for such longer period as the district court shall in its discretion direct, bodies corporate for the purpose of prosecuting and defending suits, whether civil, criminal or administrative, by or against them, and of enabling them gradually to settle and close their business, to dispose of and convey their property, to discharge their liabilities, and to distribute to their shareholders any remaining assets, but not for the purpose of continuing the business for which the corporation was organized. With respect to any action, suit, or proceeding begun by or against the corporation either prior to or within three (3) years after the date of its expiration or dissolution, the action shall not abate by reason of the expiration or dissolution of the corporation. The corporation,

solely for the purpose of such action, suit or proceeding, shall be continued as a body corporate beyond the three-year period and until any judgments, orders or decrees therein shall be fully executed, without the necessity for any special direction to that effect by the district court. Sections 1100 through 1100.3 of this title shall apply to any corporation that has expired by its own limitation, and when so applied, all references in those sections to a dissolved corporation or dissolution shall include a corporation that has expired by its own limitation and to such expiration respectively. Added by Laws 1986, c. 292, § 99, eff. Nov. 1, 1986. Amended by Laws 1988, c. 323, § 23, eff. Nov. 1, 1988; Laws 2017, c. 323, § 29, eff. Nov. 1, 2017.

Notes of Decisions
Cited in 4 cases (1 in the last 5 years), 1989–2021 · leading case: Moncrieff-Yeates v. Kane, 2013 OK 86, 323 P.3d 215.
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Moncrieff-Yeates v. Kane, 2013 OK 86, 323 P.3d 215. · cites it 2× “While this may have been a defense to the continuation of the action by the Plaintiff, had it been raised at the proper time until Plaintiff had the corporate charter reinstated or the Court entered its Order pursuant to 18 O.S. Section 1099, it is not grounds for vacation of…”
Green v. Oilwell, Div. of U.S. Steel, 767 P.2d 1348 (Okla. 1989). “This section was amended and recodified in the new Oklahoma General Corporation Act enacted in 1986 and found at 18 O.S.Supp.1986 § 1099. Section 1099 now provides that dissolved corporations shall continue for at least three years after dissolution for the purpose of…”
Starr Surplus Lines Ins. Co. v. Cushing Hosp. LLC, 527 F. Supp. 3d 1327 (W.D. Okla. 2021). “The arbitrator identified other potential sources of moisture (5%) as 4 Title 18 O.S. § 1099 provides that a dissolved corporation shall be continued, for at least three years from the date of dissolution, for the purposes of, among other things, enabling the corporation to…”
Kelly v. Old Repub. Ins. Co., 892 P.2d 668 (Okla. Civ. App. 1995). “18 O.S.1991 § 1099, in pertinent part: All corporations, whether they expire by their own limi *670 tation or are otherwise dissolved, nevertheless shall be continued, for the term of three (3) years from such expiration or dissolution or for such longer period as the district…”
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