Updated April 25, 2023
Oklahoma corporate bylaws are written rules pertaining to the administration, management, and structure of a company. A bylaws template is created by the incorporator or the board of directors when the corporation is formed. Some of the provisions included in the bylaws are the purpose of the business, shareholder information, the board of directors (how they’re elected, length of term, etc.), committees, and the company’s stock.
Laws
- Annual Meetings – § 18-441-506
- Corporate Bylaws – § 18-437.6
- Issuance of Stock – § 18-1033
Emergency Bylaws
During an attack on the United States, a nuclear or atomic disaster, or any severe catastrophe or emergency condition, the board of directors of a corporation may implement special bylaws when a quorum of the board of directors or a standing committee cannot be readily convened for action. (§ 18-1014)