reglab/housing_qa huggingface dataset:
18 OK Stat § 18-1095 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-1095. Dissolution before the issuance of shares or beginning business – Procedure.

|DISSOLUTION BEFORE THE ISSUANCE OF SHARES OR |BEGINNING BUSINESS; PROCEDUREIf a corporation has not issued shares or has not commenced the business for which the corporation was organized, a majority of the incorporators, or, if directors were named in the certificate of incorporation or have been elected, a majority of the directors, may surrender all of the corporation's rights and franchises by filing in the Office of the Secretary of State a certificate, executed and acknowledged by a majority of the incorporators or directors, stating :1. That no shares of stock have been issued or that the business of activity for which the corporation was organized has not begun;2. The date of filing of the corporation's original certificate of incorporation with the Secretary of State;3. That no part of the capital of the corporation has been paid, or, if some capital has been paid, that the amount actually paid in for the corporation's shares, less any part thereof disbursed for necessary expenses, has been returned to those entitled thereto;4. That if the corporation has begun business but it has not issued shares, all debts of the corporation have been paid;5. That if the corporation has not begun business but has issued stock certificates, all issued stock certificates, if any, have been surrendered and canceled; and6. That all rights and franchises of the corporation are surrendered. Upon such certificate becoming effective in accordance with the provisions of Section 1007 of this title, the corporation shall be dissolved.Added by Laws 1986, c. 292, § 95, eff. Nov. 1, 1986. Amended by Laws 1988, c. 323, § 20, eff. Nov. 1, 1988; Laws 2017, c. 323, § 27, eff. Nov. 1, 2017.
18 OK Stat § 18-1096 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-1096. Dissolution – Procedure.

|DISSOLUTION; PROCEDURE |A. If it should be deemed advisable in the judgment of the board of directors of any corporation that it should be dissolved, the board, after the adoption of a resolution to that effect by a majority of the whole board at any meeting called for that purpose, shall cause notice to be mailed to each shareholder entitled to vote thereon as of the record date for determining the shareholders entitled to notice of the meeting of the adoption of the resolution and of a meeting of shareholders to take action upon the resolution.B. At the meeting a vote shall be taken upon the proposed dissolution. If a majority of the outstanding stock of the corporation entitled to vote thereon shall vote for the proposed dissolution, a certificate of dissolution shall be filed with the Secretary of State pursuant to subsection D of this section.C. Dissolution of a corporation may also be authorized without action of the directors if all the shareholders entitled to vote thereon shall consent in writing and a certificate of dissolution shall be filed with the Secretary of State pursuant to subsection D of this section.D. If dissolution is authorized in accordance with this section, a certificate of dissolution shall be executed, acknowledged and filed, and shall become effective, in accordance with Section 1007 of this title. Such certificate of dissolution shall set forth:1. The name of the corporation;2. The date dissolution was authorized;3. That the dissolution has been authorized by the board of directors and shareholders of the corporation, in accordance with subsections A and B of this section, or that the dissolution has been authorized by all of the shareholders of the corporation entitled to vote on a dissolution, in accordance with subsection C of this section;4. The names and addresses of the directors and officers of the corporation; and5. The date of filing of the corporation's original certificate of incorporation with the Secretary of State.E. The resolution authorizing a proposed dissolution may provide that notwithstanding authorization or consent to the proposed dissolution by the shareholders, or the members of a nonstock corporation pursuant to Section 1097 of this title, the board of directors or governing body may abandon such proposed dissolution without further action by the shareholders or members.F. Upon a certificate of dissolution becoming effective in accordance with Section 1007 of this title, the corporation shall be dissolved.Added by Laws 1986, c. 292, § 96, eff. Nov. 1, 1986. Amended by Laws 1988, c. 323, § 21, eff. Nov. 1, 1988; Laws 2017, c. 323, § 28, eff. Nov. 1, 2017.
18 OK Stat § 18-1097 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-1097. Dissolution of nonstock corporation - Procedure.

|DISSOLUTION OF NONSTOCK CORPORATION; PROCEDURE |A. Whenever it shall be desired to dissolve any nonstock corporation, the governing body shall perform all the acts necessary for dissolution which are required by the provisions of Section 1096 of this title to be performed by the board of directors of a corporation having capital stock. If the members of a corporation having no capital stock are entitled to vote for the election of members of its governing body or are entitled to vote for dissolution under the certificate of incorporation or the bylaws of such corporation, they shall perform all the acts necessary for dissolution which are required by the provisions of Section 1096 of this title to be performed by the shareholders of a corporation having capital stock, including dissolution without action of the members of the governing body if all the members of the corporation entitled to vote thereon shall consent in writing and a certificate of dissolution shall be filed with the Secretary of State pursuant to subsection D of Section 1096 of this title. If there is no member entitled to vote thereon, the dissolution of the corporation shall be authorized at a meeting of the governing body, upon the adoption of a resolution to dissolve by the vote of a majority of members of its governing body then in office. In all other respects, the method and proceedings for the dissolution of a nonstock corporation shall conform as nearly as may be to the proceedings prescribed by the provisions of Section 1096 of this title for the dissolution of corporations having capital stock.B. If a nonstock corporation has not commenced the business for which the corporation was organized, a majority of the governing body or, if none, a majority of the incorporators may surrender all of the corporation rights and franchises by filing in the Office of the Secretary of State a certificate, executed and acknowledged by a majority of the incorporators or governing body, conforming as nearly as may be to the certificate prescribed by Section 1095 of this title.Added by Laws 1986, c. 292, § 97, eff. Nov. 1, 1986. Amended by Laws 1988, c. 323, § 22, eff. Nov. 1, 1988; Laws 1999, c. 421, § 18, eff. Nov. 1, 1999; Laws 2019, c. 88, § 26, eff. Nov. 1, 2019.
18 OK Stat § 18-1099 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-1099. Continuation of corporation after dissolution for 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.
18 OK Stat § 18-1100 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-1100. Trustees or receivers for dissolved corporations; appointment; powers; duties.

|TRUSTEES OR RECEIVERS FOR DISSOLVED CORPORATIONS; |APPOINTMENT; POWERS; DUTIESWhen any corporation organized in accordance with the provisions of the Oklahoma General Corporation Act shall be dissolved in any manner whatever, the district court, on application of any creditor, shareholder or director of the corporation, or any other person who shows good cause therefor, at any time, may either appoint one or more of the directors of the corporation to be trustees, or appoint one or more persons to be receivers, of and for the corporation, to take charge of the corporation's property, and to collect the debts and property due and belonging to the corporation, with power to prosecute and defend, in the name of the corporation, or otherwise, all such suits as may be necessary or proper for the purposes aforesaid, and to appoint an agent or agents under them, and to do all other acts which might be done by the corporation, if in being, that may be necessary for the final settlement of the unfinished business of the corporation. The powers of the trustees or receivers may be continued as long as the district court shall think necessary for the purposes provided for in this section.Added by Laws 1986, c. 292, § 100, eff. Nov. 1, 1986. Amended by Laws 1988, c. 323, § 24, eff. Nov. 1, 1988.
18 OK Stat § 18-1100.3 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-1100.3. Foreign corporations; definition; qualification to do business in state; procedure.

|LIABILITY OF SHAREHOLDERS OF DISSOLVED CORPORATIONS |A. A shareholder of a dissolved corporation the assets of which were distributed pursuant to subsection A or B of Section 1100.2 of this title shall not be liable for any claim against the corporation in an amount in excess of the shareholder's pro rata share of the claim or the amount distributed to the shareholder, whichever is less.B. A shareholder of a dissolved corporation the assets of which were distributed pursuant to subsection A of Section 1100.2 of this title shall not be liable for any claim against the corporation on which an action, suit, or proceeding is not begun prior to the expiration of the period described in Section 1099 of this title.C. The aggregate liability of any shareholder of a dissolved corporation for claims against the dissolved corporation shall not exceed the amount distributed to the shareholder in dissolution.Added by Laws 1986, c. 292, § 130, eff. Nov. 1, 1986. Amended by Laws 1987, c. 146, § 9, operative Nov. 1, 1987; Laws 1991, c. 331, § 56, eff. Sept. 1, 1991; Laws 1998, c. 422, § 25, eff. Nov. 1, 1998.
18 OK Stat § 18-1101 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-1101. Jurisdiction of Court.

|JURISDICTION OF COURT |The district court shall have jurisdiction of the application prescribed in Section 100 of this act and of all questions arising in the proceedings thereon, and may make such orders and decrees and issue injunctions therein as justice and equity shall require.Added by Laws 1986, c. 292, § 101, eff. Nov. 1, 1986.
18 OK Stat § 18-1104 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-1104. Revocation or forfeiture of charter - proceedings.

|REVOCATION OR FORFEITURE OF CHARTER; PROCEEDINGS |A. The district court shall have jurisdiction to revoke or forfeit the charter of any corporation for abuse, misuse or nonuse of its corporate powers, privileges or franchises. The Attorney General, upon his own motion or upon the relation of a proper party, shall proceed for this purpose by complaint in the county in which the registered office of the corporation is located.B. The district court shall have power, by appointment of receivers or otherwise, to administer and wind up the affairs of any corporation whose charter shall be revoked or forfeited by any court pursuant to the provisions of the Oklahoma General Corporation Act or otherwise, and to make such orders and decrees with respect thereto as shall be just and equitable respecting its affairs and assets and the rights of its shareholders and creditors.C. No proceeding shall be instituted pursuant to the provisions of this section for nonuse of any corporation's powers, privileges or franchises during the first two (2) years after its incorporation.Added by Laws 1986, c. 292, § 104, eff. Nov. 1, 1986.
18 OK Stat § 18-1105 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-1105. Dissolution or Forfeiture of Charter by Decree of Court - Filing.

|DISSOLUTION OR FORFEITURE OF CHARTER BY DECREE OF COURT; FILING |Whenever any corporation is dissolved or its charter forfeited by decree or judgment of the district court, the decree or judgment shall be immediately filed by the clerk in the court of the county in which the decree or judgment was entered, in the Office of the Secretary of State, and a note thereof shall be made by the Secretary of State on the corporation's charter or certificate of incorporation and on the index thereof.Added by Laws 1986, c. 292, § 105, eff. Nov. 1, 1986.
18 OK Stat § 18-1106 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-1106. Receivers for insolvent corporations - Appointment and powers.

|RECEIVERS FOR INSOLVENT CORPORATIONS; APPOINTMENT AND POWERS |Whenever a corporation shall be insolvent, the district court of the county in which the registered office is located may at any time upon the application of a shareholder or shareholders, severally or jointly, who have been registered owners for a period of not less than six (6) months, of not less than ten percent (10%) of the entire outstanding stock of the corporation or a creditor whose claim has been reduced to judgment and execution thereon has been issued, appoint one or more persons to be receivers of and for the corporation, to take charge of its assets, estate, effects, business and affairs, and to collect the outstanding debts, claims, and property due and belonging to the corporation, with power to prosecute and defend, in the name of the corporation or otherwise, all claims or suits, to appoint an agent or agents under them, and to do all other acts which might be done by the corporation and which may be necessary or proper. The powers of the receivers shall be such and shall continue so long as the court shall deem necessary.Added by Laws 1986, c. 292, § 106, eff. Nov. 1, 1986.
18 OK Stat § 18-1107 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-1107. Title to Property - Filing Order of Appointment - Exception.

|TITLE TO PROPERTY; FILING ORDER OF APPOINTMENT; EXCEPTION |A. Trustees of or receivers for any corporation, appointed by the district court, and their respective survivors and successors, upon their appointment and qualification or upon the death, resignation or discharge of any co-trustee or co-receiver, shall be vested by operation of law and without any act or deed, with the title of the corporation to all of its property, real, personal, or mixed of whatsoever nature, kind, class or description, and wheresoever situated, except real estate situated outside this state.B. Trustees or receivers appointed by the district court, within twenty (20) days from the date of their qualification, shall file in the office of the county clerk in each county in this state in which any real estate belonging to the corporation may be situated, a certified copy of the order of their appointment and evidence of their qualification.C. This section shall not apply to receivers appointed pendente lite.Added by Laws 1986, c. 292, § 107, eff. Nov. 1, 1986.
18 OK Stat § 18-1108 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-1108. Notices to Shareholders and Creditors.

|NOTICES TO SHAREHOLDERS AND CREDITORS |All notices required to be given to shareholders and creditors in any action in which a receiver or trustee for a corporation was appointed shall be given by the district court, unless otherwise ordered by the court.Added by Laws 1986, c. 292, § 108, eff. Nov. 1, 1986.
18 OK Stat § 18-1109 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-1109. Receivers or Trustees - Inventory - List of Debts and Reports.

|RECEIVERS OR TRUSTEES; INVENTORY; LIST OF DEBTS AND REPORTS |Trustees or receivers, as soon as convenient, shall file in the district court of the county in which the proceeding is pending, a full and complete itemized inventory of all the assets of the corporation which shall show their nature and probable value, and an account of all debts due from and to it, as nearly as the same can be ascertained. Trustees or receivers shall make a report to the district court of their proceedings, whenever and as often as the court shall direct.Added by Laws 1986, c. 292, § 109, eff. Nov. 1, 1986.
18 OK Stat § 18-1110 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-1110. Creditors' Proofs of Claims - When Barred - Notice.

|CREDITORS' PROOFS OF CLAIMS; WHEN BARRED; NOTICE |All creditors shall make proof under oath of their respective claims against the corporation, and cause the same to be filed in the district court of the county in which the proceeding is pending within the time fixed by the order of the district court. All creditors and claimants failing to do so, within the time limited by the provisions of this section, or the time prescribed by the order of the district court, by direction of the district court, may be barred from participating in the distribution of the assets of the corporation. The district court may also prescribe what notice, by publication or otherwise, shall be given to the creditors of the time fixed for the filing and making proof of claims.Added by Laws 1986, c. 292, § 110, eff. Nov. 1, 1986.
18 OK Stat § 18-1111 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-1111. Adjudication of Claims - Appeal.

|ADJUDICATION OF CLAIMS; APPEAL |A. The district court immediately upon the expiration of the time fixed for the filing of claims, in compliance with the provisions of Section 110 of this act, shall notify the trustee or receiver of the filing of the claims, and the trustee or receiver, within thirty (30) days after receiving the notice, shall inspect the claims, and if the trustee or receiver or any creditor shall not be satisfied with the validity or correctness of the same, or any of them, the trustee or receiver shall immediately notify the creditors whose claims are disputed of his decision. The trustee or receiver shall require all creditors whose claims are disputed to submit themselves to such examination in relation to their claims as the trustee or receiver shall direct, and the creditors shall produce such books and papers relating to their claims as shall be required. The trustee or receiver shall have power to examine, under oath or affirmation, all witnesses produced before him touching the claims, and shall pass upon and allow or disallow the claims, or any part thereof, and notify the claimants of his determination.B. Every creditor or claimant who shall have received notice from the receiver or trustee that his claim has been disallowed in whole or in part may appeal to the district court within thirty (30) days thereafter. The district court, after hearing, shall determine the rights of the parties.Added by Laws 1986, c. 292, § 111, eff. Nov. 1, 1986.
18 OK Stat § 18-1112 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-1112. Sale of Perishable or Deteriorating Property.

|SALE OF PERISHABLE OR DETERIORATING PROPERTY |Whenever the property of a corporation is at the time of the appointment of a receiver or trustee encumbered with liens of any character, and the validity, extent or legality of any lien is disputed or brought in question, and the property of the corporation is of a character which will deteriorate in value pending the litigation respecting the lien, the district court may order the receiver or trustee to sell the property of the corporation, clear of all encumbrances, at public or private sale, for the best price that can be obtained therefor, and pay the net proceeds arising from the sale thereof after deducting the costs of the sale into the district court, there to remain subject to the order of the district court, and to be disposed of as the district court shall direct.Added by Laws 1986, c. 292, § 112, eff. Nov. 1, 1986.
18 OK Stat § 18-1113 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-1113. Compensation, Costs and Expenses of Receiver or Trustee.

|COMPENSATION, COSTS AND EXPENSES OF RECEIVER OR TRUSTEE |The district court, before making distribution of the assets of a corporation among the creditors or shareholders thereof, shall allow a reasonable compensation to the receiver or trustee for his services, and the costs and expenses incurred in and about the execution of his trust, and the costs of the proceedings in the district court, to be first paid out of the assets.Added by Laws 1986, c. 292, § 113, eff. Nov. 1, 1986.
18 OK Stat § 18-1114 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-1114. Substitution of Trustee or Receiver as Party - Abatement of Actions.

|SUBSTITUTION OF TRUSTEE OR RECEIVER |AS PARTY; ABATEMENT OF ACTIONSA trustee or receiver, upon application by him in the court in which any suit is pending, shall be substituted as party plaintiff in the place of the corporation in any suit or proceeding which was so pending at the time of his appointment. No action against a trustee or receiver of a corporation shall abate by reason of his death, but, upon suggestion of the facts of the record, shall be continued against his successor or against the corporation in case no new trustee or receiver is appointed.Added by Laws 1986, c. 292, § 114, eff. Nov. 1, 1986.
18 OK Stat § 18-1115 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-1115. Liens for Wages or Products When Corporation is Insolvent.

|LIENS FOR WAGES OR PRODUCTS WHEN CORPORATION IS INSOLVENT |A. Whenever any corporation of this state, or any foreign corporation doing business in this state, shall become insolvent, the employees performing labor or services of whatever character in the regular employ of the corporation, and the producers of agricultural and dairy products, including cooperative marketing associations of such producers, shall have a lien upon the assets of such corporation for the amount of the wages or payments for agricultural and dairy products due to them, not exceeding four months' wages or payments for such products which shall have accrued prior to the adjudication of the insolvency of such corporation, which lien shall be paid prior to any other debts, charges or claims against said corporation, except taxes due the United States government or the State of Oklahoma. The word "employee" shall not be construed to include any of the officers of the corporation.B. The lien provided for in this section shall be enforced in the manner provided for by law for the enforcement of other liens for labor.Added by Laws 1986, c. 292, § 115, eff. Nov. 1, 1986.