Section 5017.4 - Department - Powers and dutiesA. The Department shall encourage and assist in creation and operation of shared foreign sales corporations to benefit businesses in this state.B. The Department may: 1. Develop model shared foreign sales corporations, including model bylaws, operation manuals, form contracts, a model certificate of incorporation and other appropriate aids that businesses may use in creating and operating shared foreign sales corporations;2. Provide information and counseling to businesses relating to state, federal, and international law governing shared foreign sales corporations;3. Provide accounting information and counseling to businesses in connection with creation and operation of shared foreign sales corporations; and4. Provide other information and assistance necessary to the creation and operation of shared foreign sales corporations to benefit businesses in the state.Okla. Stat. tit. 74, § 5017.4
Added by Laws 1987, HB 1229, c. 214, § 12, eff. 11/1/1987.