reglab/housing_qa huggingface dataset:
18 OK Stat § 18-1116 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-1116. Discontinuance of Liquidation.

|DISCONTINUANCE OF LIQUIDATION |The liquidation of the assets and business of an insolvent corporation may be discontinued at any time during the liquidation proceedings when it is established that cause for liquidation no longer exists. In such event the district court in its discretion, and subject to such condition as it may deem appropriate, may dismiss the proceedings and direct the receiver or trustee to redeliver to the corporation all of its remaining property and assets.Added by Laws 1986, c. 292, § 116, eff. Nov. 1, 1986.
18 OK Stat § 18-1117 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-1117. Compromise or arrangement between corporation and creditors or shareholders.

|COMPROMISE OR ARRANGEMENT BETWEEN CORPORATION AND CREDITORS |OR SHAREHOLDERSA. Whenever the provision provided for in paragraph 2 of subsection B of Section 1006 of this title is included in the original certificate of incorporation of any corporation, all persons who become creditors or shareholders thereof shall be deemed to have become such creditors or shareholders subject in all respects to that provision and the same shall be absolutely binding upon them. Whenever that provision is inserted in the certificate of incorporation of any such corporation by an amendment of its certificate all persons who become creditors or shareholders of such corporation after such amendment shall be deemed to have become such creditors or shareholders subject in all respects to that provision and the same shall be absolutely binding upon them.B. The district court may administer and enforce any compromise or arrangement made pursuant to the provision provided for in paragraph 2 of subsection B of Section 1006 of this title and may restrain, pendente lite, all actions and proceedings against any corporation with respect to which the district court shall have begun the administration and enforcement of that provision and may appoint a temporary receiver for such corporation and may grant the receiver such powers as it deems proper, and may make and enforce such rules as it deems necessary for the exercise of such jurisdiction.Added by Laws 1986, c. 292, § 117, eff. Nov. 1, 1986. Amended by Laws 1987, c. 146, § 8, operative Nov. 1, 1987.
18 OK Stat § 18-1121 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-1121. Status of corporation.

|STATUS OF CORPORATION |Any corporation desiring to renew, extend and continue its corporate existence, upon complying with the provisions of Section 1120 of this title, shall be and continue as provided in its certificate effecting the renewal, extension or continuation as a corporation and, in addition to the rights, privileges and immunities conferred by its charter, shall possess and enjoy all the benefits of the provisions of the Oklahoma General Corporation Act, which are applicable to the nature of its business, and shall be subject to the restrictions and liabilities prescribed by the provisions of the Oklahoma General Corporation Act imposed on such corporations.Added by Laws 1986, c. 292, § 121, eff. Nov. 1, 1986. Amended by Laws 2017, c. 323, § 32, eff. Nov. 1, 2017.
18 OK Stat § 18-1122 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-1122. Failure of Corporation to Obey Order of Court - Appointment of Receiver.

|FAILURE OF CORPORATION TO OBEY ORDER OF COURT; |APPOINTMENT OF RECEIVERWhenever any corporation shall refuse, fail or neglect to obey any order or decree of any court of this state within the time fixed by the court for its observance, such refusal, failure or neglect shall be a sufficient ground for the appointment of a receiver of the corporation by a court of competent jurisdiction. If the corporation is a foreign corporation, such refusal, failure, or neglect shall be a sufficient ground for the appointment of a receiver of the assets of the corporation within this state.Added by Laws 1986, c. 292, § 122, eff. Nov. 1, 1986.
18 OK Stat § 18-1123 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-1123. Failure of Corporation to Obey Writ of Mandamus - Quo Warranto Proceedings for Forfeiture of Charter.

|FAILURE OF CORPORATION TO OBEY WRIT OF MANDAMUS; QUO WARRANTO |PROCEEDINGS FOR FORFEITURE OF CHARTERIf any corporation fails to obey the mandate of any peremptory writ of mandamus issued by a court of competent jurisdiction of this state for a period of thirty (30) days after the serving of the writ upon the corporation in any manner as provided by the laws of this state for the service of writs, any party in interest in the proceeding in which the writ of mandamus issued, either himself or through his or its attorney, may file a statement of such fact with the Attorney General of this state, and it shall thereupon be the duty of the Attorney General to immediately commence proceedings in the nature of quo warranto against the corporation in a court of competent jurisdiction, and the court, upon competent proof of such state of facts and proper proceedings had in such proceeding in the nature of quo warranto, shall decree the charter of the corporation forfeited.Added by Laws 1986, c. 292, § 123, eff. Nov. 1, 1986.
18 OK Stat § 18-1124 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-1124. Actions Against Officers, Directors or Shareholders to Enforce Liability of Corporation - Unsatisfied Judgment Against Corporation.

|ACTIONS AGAINST OFFICERS, DIRECTORS OR SHAREHOLDERS TO ENFORCE |LIABILITY OF CORPORATION; UNSATISFIED JUDGMENT AGAINST CORPORATIONA. When the officers, directors or shareholders of any corporation shall be liable by the provisions of the Oklahoma General Corporation Act to pay the debts of the corporation, or any part thereof, any person to whom they are liable may have an action, at law or in equity, against any one or more of them, and the petition shall state the claim against the corporation, and the ground on which the plaintiff expects to charge the defendants personally.B. No suit shall be brought against any officer, director or shareholder for any debt of a corporation of which he is an officer, director or shareholder, until judgment is obtained therefor against the corporation and execution thereon returned unsatisfied.Added by Laws 1986, c. 292, § 124, eff. Nov. 1, 1986.
18 OK Stat § 18-1125 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-1125. Action by Officer, Director or Shareholder Against Corporation for Corporate Debt Paid.

|ACTION BY OFFICER, DIRECTOR OR SHAREHOLDER AGAINST |CORPORATION FOR CORPORATE DEBT PAIDWhen any officer, director or shareholder shall pay any debt of a corporation for which he is made liable by the provisions of the Oklahoma General Corporation Act, he may recover the amount so paid in an action against the corporation for money paid for its use, and in such action only the property of a corporation shall be liable to be taken, and not the property of any shareholder.Added by Laws 1986, c. 292, § 124, eff. Nov. 1, 1986.
18 OK Stat § 18-1126 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-1126. Shareholder's derivative action - Allegation of stock ownership - Award of costs and attorney fees.

|SHAREHOLDER'S DERIVATIVE ACTION; ALLEGATION OF STOCK OWNERSHIP |A. In any derivative suit instituted by a shareholder of a corporation, it shall be averred in the petition that the plaintiff was a shareholder of the corporation at the time of the transaction of which the plaintiff complains or that the plaintiff's stock thereafter devolved upon him or her by operation of law.B. If a derivative action confers a substantial benefit upon the corporation as a result of a compromise or settlement of an action or claim, the court may award the plaintiff reasonable costs, including reasonable attorney fees, and shall direct the plaintiff to remit to the corporation the remainder of all proceeds received.C. In any derivative action instituted by a shareholder of a domestic or foreign corporation, the court having jurisdiction, upon final judgment, shall require the nonprevailing party or parties to pay the prevailing party or parties the reasonable expenses, including attorney fees, taxable as costs, incurred as a result of such action.Added by Laws 1986, c. 292, § 126, eff. Nov. 1, 1986. Amended by Laws 2014, c. 330, § 1, eff. Nov. 1, 2014.
18 OK Stat § 18-1127 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-1127. Liability of corporation, etc. - Impairment by certain transactions.

|LIABILITY OF CORPORATION, ETC.; |IMPAIRMENT BY CERTAIN TRANSACTIONSThe liability of a corporation of this state, or of the shareholders, directors or officers thereof, or the rights or remedies of the creditors thereof, or persons doing or transacting business with the corporation, shall not in any way be lessened or impaired by the sale of its assets, or by the increase or decrease in the capital stock of the corporation, or by its merger or consolidation with one or more corporations or by any change or amendment in its certificates of incorporation.Added by Laws 1986, c. 292, § 127, eff. Nov. 1, 1986.
18 OK Stat § 18-1128 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-1128. Defective Organization of Corporation as Defense.

|DEFECTIVE ORGANIZATION OF CORPORATION AS DEFENSE |A. No corporation of this state and no person sued by any such organization shall be permitted to assert the want of legal organization as a defense to any claim.B. This section shall not be construed to prevent judicial inquiry into the regularity or validity of the organization of a corporation, or its lawful possession of any corporate power it may assert in any other suit or proceeding where its corporate existence or the power to exercise the corporate rights it asserts is challenged, and evidence tending to sustain the challenge shall be admissible in any such suit or proceeding.Added by Laws 1986, c. 292, § 128, eff. Nov. 1, 1986.
18 OK Stat § 18-1129 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-1129. Usury - Pleading by Corporation.

|USURY; PLEADING BY CORPORATION |No corporation shall plead any statute against usury in any court of law or equity in any suit instituted to enforce the payment of any bond, note or other evidence of indebtedness issued or assumed by it.Added by Laws 1986, c. 292, § 129, eff. Nov. 1, 1986.
18 OK Stat § 18-1132 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-1132. Exceptions to Requirements.

|EXCEPTIONS TO REQUIREMENTS |A. No foreign corporation shall be required to comply with the provisions of Sections 130 and 131 of this act, if:1. it is the mail order or a similar business, merely receiving orders by mail or otherwise in pursuance of letters, circulars, catalogs, or other forms of advertising, or solicitation, accepting the orders outside this state, and filing them with goods shipped into this state; or2. it employs salesmen, either resident or traveling, to solicit orders in this state, either by display of samples or otherwise, whether or not maintaining sales offices in this state, all orders being subject to approval at the offices of the corporation without this state, and all goods applicable to the orders being shipped in pursuance thereof from without this state to the vendee or to the seller or his agent for delivery to the vendee, and if any samples kept within this state are for display or advertising purposes only, and no sales, repairs, or replacements are made from stock on hand in this state; or3. it sells, by contract consummated outside this state, and agrees by the contract, to deliver into this state, machinery, plants or equipment, the construction, erection or installation of which within this state requires the supervision of technical engineers or skilled employees performing services not generally available, and as a part of the contract of sale agrees to furnish such services, and such services only, to the vendee at the time of construction, erection or installation; or4. its business operations within this state are wholly interstate in character; or5. it is an insurance company doing business in this state; or6. it creates, as borrower or lender, or acquires, evidences of debt, mortgages or liens on real or personal property; or7. it secures or collects debts or enforces any rights in property securing the same.B. The provisions of this section shall have no application to the question of whether any foreign corporation is:1. subject to service of process and suit in this state pursuant to the provisions of Section 136 of this act or any other law of this state; or2. subject to the taxation laws of this state.Added by Laws 1986, c. 292, § 132, eff. Nov. 1, 1986.
18 OK Stat § 18-1134 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-1134. Violations and penalties.

|VIOLATIONS AND PENALTIES |A. Any foreign corporation doing business of any kind in this state without first having complied with any provision of the Oklahoma General Corporation Act applicable to it, shall be fined not less than Two Hundred Dollars ($200.00) nor more than Five Hundred Dollars ($500.00) for each such offense. Any agent of any foreign corporation that shall do any business in this state for any foreign corporation before the foreign corporation has complied with any provision of the Oklahoma General Corporation Act applicable to it, shall be fined not less than One Hundred Dollars ($100.00) nor more than Five Hundred Dollars ($500.00) for each such offense.B. If any foreign corporation fails to file or cause to be filed a certificate as provided for in paragraphs 11 and 13 of subsection A of Section 1142 of this title or fails to pay to the Secretary of State any additional fees shown to be due by the certificate provided for in paragraph 13 of subsection A of Section 1142 of this title, the corporation:1. may be ousted from this state by the Secretary of State and its certificate of authority to do business in this state revoked and canceled. Before such revocation the Secretary of State shall give not less than thirty (30) days' notice sent by mail duly addressed to such corporation at its principal place of business or last address shown on the records of the Secretary of State of the Secretary of State's intent to revoke the corporation's authority to transact business in this state; and2. after notice required in paragraph 1 above, shall be subject to a penalty and shall forfeit to the state for each day it fails to comply with the provisions of this subsection, the sum of Twenty-five Dollars ($25.00) per day but not more than Five Hundred Dollars ($500.00) for each such offense.C. All fines and penalties provided for by this section may be recovered in a suit brought therefor by the Attorney General, in the name of the state, against the corporation, in any district court of the state. Fines and penalties received or collected pursuant to this section by the Attorney General as a result of an action brought in the name of the state by the Attorney General, shall be paid into the State Treasury provided that twenty-five percent (25%) thereof shall be deposited in the Attorney General's Evidence Fund. Such fines and penalties shall be properly accounted for and paid monthly by the Secretary of State to the State Treasurer for deposit into the General Revenue Fund.Added by Laws 1986, c. 292, § 134, eff. Nov. 1, 1986. Amended by Laws 1987, c. 146, § 11, emerg. eff. June 24, 1987; Laws 1989, c. 169, § 1, eff. Nov. 1, 1989; Laws 1991, c. 331, § 57, eff. Sept. 1, 1991.
18 OK Stat § 18-1136 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-1136. Service of process on nonqualifying foreign corporations.

|SERVICE OF PROCESS ON NONQUALIFYING FOREIGN CORPORATIONS |A. If any foreign corporation shall transact business in this state without having qualified to do business in accordance with the provisions of Section 1130 of this title, service on the corporation may be made by serving the Secretary of State as its agent as provided in Section 2004 of Title 12 of the Oklahoma Statutes.B. If any foreign corporation consents in writing to be subject to the jurisdiction of any state or federal court in this state for any civil action, suit or proceeding against it arising or growing out of any business or matter, and if the agreement or instrument setting forth such consent does not otherwise provide a manner of service of legal process in any such civil action, suit or proceeding against it, such foreign corporation shall be deemed to have thereby appointed and constituted the Secretary of State of this state its agent for the acceptance of legal process in any such civil action, suit or proceeding against it. The transaction of business in this state by such corporation or such consent by such corporation to the jurisdiction of any state or federal court in this state without provision for a manner of service of legal process shall be a signification of the agreement of such corporation that any process served upon the Secretary of State when so served shall be of the same legal force and validity as if served upon an authorized officer or agent personally within this state.C. The provisions of Section 1132 of this title shall not apply in determining whether any foreign corporation is transacting business in this state within the meaning of this section; and "the transaction of business" or "business transacted in this state", by any such foreign corporation, whenever those words are used in this section, shall mean the course or practice of carrying on any business activities in this state, including, without limiting the generality of the foregoing, the solicitation of business or orders in this state. The provisions of this section shall not apply to any insurance company doing business in this state.Added by Laws 1986, c. 292, § 136, eff. Nov. 1, 1986. Amended by Laws 1988, c. 323, § 29, eff. Nov. 1, 1988; Laws 2017, c. 323, § 36, eff. Nov. 1, 2017.
18 OK Stat § 18-1137 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-1137. Actions By and Against Unqualified Foreign Corporations.

|ACTIONS BY AND AGAINST UNQUALIFIED FOREIGN CORPORATIONS |A. A foreign corporation which is required to comply with the provisions of Sections 130 and 131 of this act and which has done business in this state without authority shall not maintain any action or special proceeding in this state unless and until such corporation has been authorized to do business in this state and has paid to the state all fees, penalties and franchise taxes for the years or parts thereof during which it did business in this state without authority. This prohibition shall not apply to any successor in interest of such foreign corporation.B. The failure of a foreign corporation to obtain authority to do business in this state shall not impair the validity of any contract or act of the foreign corporation or the right of any other party to the contract to maintain any action or special proceeding thereon, and shall not prevent the foreign corporation from defending any action or special proceeding in this state.Added by Laws 1986, c. 292, § 137, eff. Nov. 1, 1986.
18 OK Stat § 18-1138 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-1138. Foreign Corporations Doing Business Without Having Qualified - Injunctions.

|FOREIGN CORPORATIONS DOING BUSINESS |WITHOUT HAVING QUALIFIED; INJUNCTIONSThe district court shall have jurisdiction to enjoin any foreign corporation, or any agent thereof, from transacting any business in this state if such corporation has failed to comply with any provision of the Oklahoma General Corporation Act applicable to it or if such corporation has secured a certificate of the Secretary of State pursuant to the provisions of Section 130 of this act on the basis of false or misleading representations. The Attorney General, upon his own motion or upon the relation of proper parties, shall proceed for this purpose by petition in any county in which such corporation is doing business.Added by Laws 1986, c. 292, § 138, eff. Nov. 1, 1986.
18 OK Stat § 18-1139 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-1139. Reservation of Corporate Name.

|RESERVATION OF CORPORATE NAME |A. The exclusive right to the use of a corporate name, in good faith, may be reserved by:1. Any person intending to form a corporation under Title 18 of the Oklahoma Statutes; or2. Any corporation organized under the laws of this state intending to change its name; or3. Any foreign corporation intending to qualify to transact business in this state under Title 18 of the Oklahoma Statutes; or4. Any foreign corporation qualified to transact business in this state intending to change its name; or5. Any person intending to organize a foreign corporation and intending to have such corporation qualified to transact business in this state under the laws of this state; or6. Any corporation whose charter has expired or has been forfeited intending to renew or revive the corporation under Title 18 of the Oklahoma Statutes.B. Such reservation shall be made by filing in the Office of the Secretary of State an application to reserve a specified corporate name. If the Secretary of State finds that such name is available for corporate use, he shall reserve the same for the exclusive use of such applicant for a period of sixty (60) days.C. The right to the exclusive use of a specified corporate name so reserved may be transferred to any other person by filing in the Office of the Secretary of State a notice of such transfer, executed by the person for whom such name was reserved and specifying the name and address of the transferee.Added by Laws 1986, c. 292, § 139, eff. Nov. 1, 1986.
18 OK Stat § 18-1140 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-1140. Trade names.

|TRADE NAMES |A. A corporation or other business entity doing business in this state under any name other than its legal name shall file a report with the Secretary of State setting forth the legal name of the corporation or business entity, the jurisdiction of organization of the corporation or business entity, the trade name under which the business is carried on, a brief description of the kind of business transacted under the name, and the address wherein the business is to be carried on. The report shall be executed by a representative of the business entity authorized to sign on its behalf. In the case of a corporation, the report shall be signed and filed in accordance with Section 1007 of this title. The trade name adopted shall be such as to be distinguishable upon the records in the Office of the Secretary of State from:1. Names of other business entities organized under the laws of this state and filed with the Secretary of State then existing or which existed at any time during the preceding three (3) years; or2. Names of foreign business entities qualified to do business in this state and filed with the Secretary of State then existing or which existed at any time during the preceding three (3) years; or3. Trade names or fictitious names filed with the Secretary of State; or4. Names reserved with the Secretary of State.B. As used in this section, "business entity" means a corporation, a business trust, a common law trust, a limited liability company, or any unincorporated business, including any form of partnership.Added by Laws 1986, c. 292, § 140, eff. Nov. 1, 1986. Amended by Laws 1995, c. 339, § 15, eff. Nov. 1, 1995; Laws 1996, c. 69, § 9, eff. Nov. 1, 1996; Laws 1999, c. 421, § 22, eff. Nov. 1, 1999.
18 OK Stat § 18-1140.1 (2021)
2021 Oklahoma Statutes|Title 18. Corporations|§18-1140.1. Withdrawal of trade name.

|WITHDRAWAL OF TRADE NAME |In the event a corporation or other business entity elects to cease doing business in this state under a trade name, it shall file a report, in duplicate, with the Secretary of State withdrawing such trade name. The report shall be executed by a party duly authorized to sign on behalf of the corporation or other business entity. In the case of a corporation, the report shall be acknowledged and filed in accordance with Section 1007 of this title.Added by Laws 1996, c. 69, § 10, eff. Nov. 1, 1996.