Okla. Stat. tit. 36 § 2805

Current through Laws 2024, c. 453.
Section 2805 - Restrictions as to corporate acts

Every such association shall not insure other than its own members; issue capital stock or have any capitalization whatsoever; be run or conducted for profit to any member or person whomsoever; pay any salary or compensation to its president, secretary, treasurer, board of directors, or other officer or person, except as in this article provided; pass or enact any bylaw creating different classes of membership or depriving any member of the full rights of suffrage therein.

Okla. Stat. tit. 36, § 2805

Laws 1957, p. 353, Sec. 2805 .