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OK · constitutions

Okla. Const. art. IX, § 39

Restrictions on issuance of stock

activein force · 2026-09-29 – presentas-observed

No corporation shall issue stock except for money, labor done, or property actually received, at a stated value thereof, and the Legislature shall prescribe the necessary regulations to prevent the issue of fictitious stock or indebtedness.

History

Amended by State Question No. 458, Legislative Referendum No. 171, adopted at election held on Sept. 17, 1968.

Provenance

Source
oklegislature.gov
Retrieved
2026-09-29
Edition
supplied-2026-09-29
Content hash
af6915c03643bf7570eedaba15bb18abf495d836a7c1c9631899aec32332fd23
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