reglab/housing_qa huggingface dataset:
18 OK Stat § 18-438.33 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-438.33. Cooperatives, nonprofit and mutual corporations and associations subject to act - Corrected articles of incorporation.

|A. Existing domestic and domesticated cooperatives, nonprofit and mutual corporations and associations formed to engage in or engaging in the business, undertaking or activity described in or contemplated hereby, shall be deemed, ipso facto, to come under the provisions of this act as of the date this act becomes effective and all provisions hereof shall thereafter fully apply thereto and every such corporation and association shall have the same rights, privileges, powers and immunities as it would possess if respectively created or domesticated hereunder and shall be subject to the same obligations, duties and jurisdictions as cooperatives organized under this act. |B. In the event any cooperative has filed defective articles of incorporation or has failed to do all things necessary to perfect its corporate organization, it may, nevertheless, file corrected articles of incorporation or amend the original articles and do and perform all acts and things necessary in the premises for the correction of such defects.Laws 1953, p. 494, § 33; Laws 1991, c. 135, § 15, eff. Sept. 1, 1991.
18 OK Stat § 18-438.34 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-438.34. Partial invalidity.

|If any provision of this act, or the application of such provision to any person or circumstance is held invalid, the remainder of the act and the application of such provisions to other persons or circumstances shall not be affected thereby. |Laws 1953, p. 494, § 34.
18 OK Stat § 18-438.35 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-438.35. Act deemed amendment of Constitution.

|It is hereby expressly declared by the Legislature that this entire act is an amendment to, and alteration of, Section 18 through Section 34 inclusive of Article IX of the Constitution of the State of Oklahoma, as authorized by Section 35 of Article IX of said Constitution. |Added by Laws 1991, c. 135, § 16, eff. Sept. 1, 1991.
18 OK Stat § 18-439.2 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-439.2. Filing articles of conversion with Secretary of State - Issuance of certificate of conversion.

|Articles of conversion, when executed and acknowledged and accompanied by such affidavits as may be required by applicable provisions of this act, shall be presented to the Secretary of State for filing in the records of his office. If the Secretary of State shall find that the articles conform to the requirements of this act, he shall, upon the payment of the fees specified by him file the articles so presented in the records of his office and shall issue over the Great Seal of the State an appropriate certificate of conversion, and thereupon the conversion provided for therein shall be in effect. |Added by Laws 1983, c. 15, § 3, emerg. eff. March 25, 1983.
18 OK Stat § 18-441-101 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-441-101. Short title.

|SHORT TITLE. Sections 1 through 149 of this act shall be known and may be cited as the “Uniform Limited Cooperative Association Act of 2009”. |Added by Laws 2009, c. 68, § 1, eff. Jan. 1, 2010.
18 OK Stat § 18-441-103 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-441-103. Limited cooperative association subject to amendment or repeal of the Uniform Limited Cooperative Association Act of 2009.

|LIMITED COOPERATIVE ASSOCIATION SUBJECT TO AMENDMENT OR REPEAL OF THE UNIFORM LIMITED COOPERATIVE ASSOCIATION ACT OF 2009. A limited cooperative association governed by the Uniform Limited Cooperative Association Act of 2009 is subject to any amendment or repeal of the Uniform Limited Cooperative Association Act of 2009. |Added by Laws 2009, c. 68, § 3, eff. Jan. 1, 2010.
18 OK Stat § 18-441-104 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-441-104. Nature of limited cooperative association.

|NATURE OF LIMITED COOPERATIVE ASSOCIATION. |(a) A limited cooperative association organized under the Uniform Limited Cooperative Association Act of 2009 is an autonomous, unincorporated association of persons united to meet their mutual interests through a jointly owned enterprise primarily controlled by those persons, which permits combining:(1) Ownership, financing, and receipt of benefits by the members for whose interests the association is formed; and(2) Separate investments in the association by members who may receive returns on their investments and a share of control.(b) The fact that a limited cooperative association does not have one or more of the characteristics described in subsection (a) of this section does not alone prevent the association from being formed under and governed by the Uniform Limited Cooperative Association Act of 2009 nor does it alone provide a basis for an action against the association.Added by Laws 2009, c. 68, § 4, eff. Jan. 1, 2010.
18 OK Stat § 18-441-105 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-441-105. Purpose and duration of limited cooperative association.

|PURPOSE AND DURATION OF LIMITED COOPERATIVE ASSOCIATION. |(a) A limited cooperative association is an entity distinct from its members.(b) A limited cooperative association may be organized for any lawful purpose, whether or not for profit except for supplying electric energy or natural gas in rural areas. A cooperative organized for the purpose of supplying electric energy and promoting and extending the use thereof in rural areas must be organized under the Rural Electric Cooperative Act.(c) Unless the articles of organization state a term for a limited cooperative association’s existence, the association has perpetual duration.Added by Laws 2009, c. 68, § 5, eff. Jan. 1, 2010.
18 OK Stat § 18-441-106 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-441-106. Powers.

|POWERS. A limited cooperative association may sue and be sued in its own name and do all things necessary or convenient to carry on its activities. An association may maintain an action against a member for harm caused to the association by the member’s violation of a duty to the association or of the organic law or organic rules. |Added by Laws 2009, c. 68, § 6, eff. Jan. 1, 2010.
18 OK Stat § 18-441-107 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-441-107. Governing law.

|GOVERNING LAW. The law of this state governs: |(1) The internal affairs of a limited cooperative association; and(2) The liability of a member as member and a director as director for the debts, obligations, or other liabilities of a limited cooperative association.Added by Laws 2009, c. 68, § 7, eff. Jan. 1, 2010.
18 OK Stat § 18-441-108 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-441-108. Supplemental principles of law.

|SUPPLEMENTAL PRINCIPLES OF LAW. Unless displaced by particular provisions of the Uniform Limited Cooperative Association Act of 2009, the principles of law and equity supplement the Uniform Limited Cooperative Association Act of 2009. |Added by Laws 2009, c. 68, § 8, eff. Jan. 1, 2010.
18 OK Stat § 18-441-109 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-441-109. Requirements of other laws.

|REQUIREMENTS OF OTHER LAWS. |(a) The Uniform Limited Cooperative Association Act of 2009 does not alter or amend any law that governs the licensing and regulation of an individual or entity in carrying on a specific business or profession even if that law permits the business or profession to be conducted by a limited cooperative association, a foreign cooperative, or its members.(b) A limited cooperative association may not conduct an activity that, under law of this state other than the Uniform Limited Cooperative Association Act of 2009, may be conducted only by an entity that meets specific requirements for the internal affairs of that entity unless the organic rules of the association conform to those requirements.Added by Laws 2009, c. 68, § 9, eff. Jan. 1, 2010.
18 OK Stat § 18-441-110 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-441-110. Relation to restraint of trade and antitrust laws.

|RELATION TO RESTRAINT OF TRADE AND ANTITRUST LAWS. To the extent a limited cooperative association or activities conducted by the association in this state meet the material requirements for other cooperatives entitled to an exemption from or immunity under any provision of Title 79 of the Oklahoma Statutes, the association and its activities are entitled to the exemption or immunity. This section does not create any new exemption or immunity for an association or affect any exemption or immunity provided to a cooperative organized under any other law. |Added by Laws 2009, c. 68, § 9, eff. Jan. 1, 2010.
18 OK Stat § 18-441-111 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-441-111. Name.

|NAME. |(a) Use of the term “cooperative” or its abbreviation under the Uniform Limited Cooperative Association Act of 2009 is not a violation of the provisions restricting the use of the term under Section 435 of Title 18 of the Oklahoma Statutes.(b) The name of a limited cooperative association must contain the words “limited cooperative association” or “limited cooperative” or the abbreviation “L.C.A.” or “LCA”. “Limited” may be abbreviated as “Ltd.”. “Cooperative” may be abbreviated as “Co-op” or “Coop”. “Association” may be abbreviated as “Assoc.” or “Assn.” A limited cooperative association or a member may enforce the restrictions on the use of the term “cooperative” under the Uniform Limited Cooperative Association Act of 2009 and Section 435 of Title 18 of the Oklahoma Statutes.(c) Except as otherwise provided in subsection (d) of this section, a limited cooperative association may use only a name that is available. A name is available if it is distinguishable in the records of the Secretary of State from:(1) The name of any entity organized or authorized to transact business in this state;(2) A name reserved under Section 12 of this act; and(3) An alternative name approved for a foreign cooperative authorized to transact business in this state.(d) A limited cooperative association may apply to the Secretary of State for authorization to use a name that is not available. The Secretary of State shall authorize use of the name if:(1) The person with ownership rights to use the name consents in a record to the use and applies in a form satisfactory to the Secretary of State to change the name used or reserved to a name that is distinguishable upon the records of the Secretary of State from the name applied for; or(2) The applicant delivers to the Secretary of State a certified copy of the final judgment of a court establishing the applicant’s right to use the name in this state.Added by Laws 2009, c. 68, § 11, eff. Jan. 1, 2010.
18 OK Stat § 18-441-112 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-441-112. Reservation of name.

|RESERVATION OF NAME. |(a) A person may reserve the exclusive use of the name of a limited cooperative association, including a fictitious name for a foreign cooperative whose name is not available under Section 11 of this act, by delivering an application to the Secretary of State for filing. The application must set forth the name and address of the applicant and the name proposed to be reserved. If the Secretary of State finds that the name applied for is available under Section 11 of this act, the Secretary of State shall reserve the name for the applicant’s exclusive use for a nonrenewable period of one hundred twenty (120) days.(b) A person that has reserved a name for a limited cooperative association may transfer the reservation to another person by delivering to the Secretary of State a signed notice of the transfer which states the name, street address, and, if different, the mailing address of the transferee. If the person is an organizer of the association and the name of the association is the same as the reserved name, the delivery of articles of organization for filing by the Secretary of State is a transfer by the person to the association.Added by Laws 2009, c. 68, § 12, eff. Jan. 1, 2010.
18 OK Stat § 18-441-114 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-441-114. Required information.

|REQUIRED INFORMATION. |(a) Subject to subsection (b) of this section, a limited cooperative association shall maintain in a record available at its principal office:(1) A list containing the name, last-known street address and, if different, mailing address, and term of office of each director and officer;(2) The initial articles of organization and all amendments to and restatements of the articles, together with a signed copy of any power of attorney under which any article, amendment, or restatement has been signed;(3) The initial bylaws and all amendments to and restatements of the bylaws;(4) All filed articles of merger and statements of conversion;(5) All financial statements of the association for the six (6) most recent years;(6) The six most recent annual reports delivered by the association to the Secretary of State;(7) The minutes of members meetings for the six (6) most recent years;(8) Evidence of all actions taken by members without a meeting for the six (6) most recent years;(9) A list containing:(A)the name, in alphabetical order, and last-known street address and, if different, mailing address of each patron member and each investor member; and(B)if the association has districts or classes of members, information from which each current member in a district or class may be identified;(10) The federal income tax returns, any state and local income tax returns, and any tax reports of the association for the six (6) most recent years;(11) Accounting records maintained by the association in the ordinary course of its operations for the six (6) most recent years;(12) The minutes of directors meetings for the six (6) most recent years;(13) Evidence of all actions taken by directors without a meeting for the six (6) most recent years;(14) The amount of money contributed and agreed to be contributed by each member;(15) A description and statement of the agreed value of contributions other than money made and agreed to be made by each member;(16) The times at which, or events on the happening of which, any additional contribution is to be made by each member;(17) For each member, a description and statement of the member’s interest or information from which the description and statement can be derived; and(18) All communications concerning the association made in a record to all members, or to all members in a district or class, for the six (6) most recent years.(b) If a limited cooperative association has existed for less than the period for which records must be maintained under subsection (a) of this section, the period records must be kept is the period of the association’s existence.(c) The organic rules may require that more information be maintained.Added by Laws 2009, c. 68, § 14, eff. Jan. 1, 2010.
18 OK Stat § 18-441-115 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-441-115. Business transactions of member with limited cooperative association.

|BUSINESS TRANSACTIONS OF MEMBER WITH LIMITED COOPERATIVE ASSOCIATION. Subject to Sections 83 and 84 of this act and except as otherwise provided in the organic rules or a specific contract relating to a transaction, a member may lend money to and transact other business with a limited cooperative association in the same manner as a person that is not a member. |Added by Laws 2009, c. 68, § 15, eff. Jan. 1, 2010.
18 OK Stat § 18-441-116 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-441-116. Dual capacity.

|DUAL CAPACITY. A person may have a patron member’s interest and an investor member’s interest. When such person acts as a patron member, the person is subject to the Uniform Limited Cooperative Association Act of 2009 and the organic rules governing patron members. When such person acts as an investor member, the person is subject to the Uniform Limited Cooperative Association Act of 2009 and the organic rules governing investor members. |Added by Laws 2009, c. 68, § 16, eff. Jan. 1, 2010.
18 OK Stat § 18-441-117 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-441-117. Designated office and agent for service of process.

|DESIGNATED OFFICE AND AGENT FOR SERVICE OF PROCESS. |(a) A limited cooperative association, or a foreign cooperative that has a certificate of authority under Section 125 of this act, shall designate and continuously maintain in this state:(1) An office, as its designated office, which need not be a place of the association’s or foreign cooperative’s activity in this state; and(2) An agent for service of process at the designated office.(b) An agent for service of process of a limited cooperative association or foreign cooperative must be an individual who is a resident of this state or an entity that is authorized to do business in this state.Added by Laws 2009, c. 68, § 17, eff. Jan. 1, 2010.
18 OK Stat § 18-441-118 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-441-118. Change of designated office or agent for service of process.

|CHANGE OF DESIGNATED OFFICE OR AGENT FOR SERVICE OF PROCESS. |(a) Except as otherwise provided in subsection (e) of Section 27 of this act, to change its designated office, its agent for service of process, or the street address or, if different, mailing address of its principal office, a limited cooperative association must deliver to the Secretary of State for filing a statement of change containing:(1) The name of the limited cooperative association;(2) The street address and, if different, mailing address of its designated office;(3) If the designated office is to be changed, the street address and, if different, mailing address of the new designated office;(4) The name of its agent for service of process; and(5) If the agent for service of process is to be changed, the name of the new agent.(b) Except as otherwise provided in subsection (e) of Section 27 of this act, to change its agent for service of process, the address of its designated office, or the street address or, if different, mailing address of its principal office, a foreign cooperative shall deliver to the Secretary of State for filing a statement of change containing:(1) The name of the foreign cooperative;(2) The name, street address and, if different, mailing address of its designated office;(3) If the current agent for service of process or an address of the designated office is to be changed, the new information;(4) The street address and, if different, mailing address of its principal office; and(5) If the street address or, if different, the mailing address of its principal office is to be changed, the street address and, if different, the mailing address of the new principal office.(c) Except as otherwise provided in Section 24 of this act, a statement of change is effective when filed by the Secretary of State.Added by Laws 2009, c. 68, § 18, eff. Jan. 1, 2010.
18 OK Stat § 18-441-119 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-441-119. Resignation of agent for service of process.

|RESIGNATION OF AGENT FOR SERVICE OF PROCESS. |(a) To resign as an agent for service of process of a limited cooperative association or foreign cooperative, the agent must deliver to the Secretary of State for filing a statement of resignation containing the name of the agent and the name of the association or foreign cooperative.(b) After receiving a statement of resignation under subsection (a) of this section, the Secretary of State shall file it and mail or otherwise provide or deliver a copy to the limited cooperative association or foreign cooperative at its principal office.(c) An agency for service of process of a limited cooperative association or foreign cooperative terminates on the earlier of:(1) The thirty-first day after the Secretary of State files a statement of resignation under subsection (b) of this section; or(2) When a record designating a new agent for service of process is delivered to the Secretary of State for filing on behalf of the association or foreign cooperative and becomes effective.Added by Laws 2009, c. 68, § 19, eff. Jan. 1, 2010.
18 OK Stat § 18-441-120 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-441-120. Service of process.

|SERVICE OF PROCESS. |(a) An agent for service of process appointed by a limited cooperative association or foreign cooperative is an agent of the association or foreign cooperative for service of process, notice, or a demand required or permitted by law to be served upon the association or foreign cooperative.(b) If a limited cooperative association or foreign cooperative does not appoint or maintain an agent for service of process in this state or the agent for service of process cannot with reasonable diligence be found at the address of the designated office on file with the Secretary of State, the Secretary of State is an agent of the association or foreign cooperative upon which process, notice, or a demand may be served.(c) Service of process, notice, or a demand on the Secretary of State as agent of a limited cooperative association or foreign cooperative may be made by delivering to the Secretary of State two copies of the process, notice, or demand. The Secretary of State shall forward one copy by registered or certified mail, return receipt requested, to the association or foreign cooperative at its principal office.(d) Service is effected under subsection (c) of this section on the earliest of:(1) The date the limited cooperative association or foreign cooperative receives the process, notice, or demand;(2) The date shown on the return receipt, if signed on behalf of the association or foreign cooperative; or(3) Five (5) days after the process, notice, or demand is deposited by the Secretary of State for delivery by the United States Postal Service, if postage is prepaid to the address of the principal office on file with the Secretary of State.(e) The Secretary of State shall keep a record of each process, notice, and demand served pursuant to this section and record the time of, and the action taken regarding, the service.(f) This section does not affect the right to serve process, notice, or a demand in any other manner provided by law.Added by Laws 2009, c. 68, § 20, eff. Jan. 1, 2010.
18 OK Stat § 18-441-201 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-441-201. Signing of records delivered for filing to Secretary of State.

|SIGNING OF RECORDS DELIVERED FOR FILING TO SECRETARY OF STATE. |(a) A record delivered to the Secretary of State for filing pursuant to the Uniform Limited Cooperative Association Act of 2009 must be signed as follows:(1) The initial articles of organization must be signed by at least one organizer.(2) A statement of cancellation under subsection (d) of Section 30 of this act must be signed by at least one organizer.(3) Except as otherwise provided in paragraph (4) of this subsection, a record signed on behalf of an existing limited cooperative association must be signed by an officer.(4) A record filed on behalf of a dissolved association must be signed by a person winding up activities under Section 107 of this act or a person appointed under Section 107 of this act to wind up those activities.(5) Any other record must be signed by the person on whose behalf the record is delivered to the Secretary of State.(b) Any record to be signed under the Uniform Limited Cooperative Association Act of 2009 may be signed by an authorized agent.Added by Laws 2009, c. 68, § 21, eff. Jan. 1, 2010.