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OK SB1731

Bill

Official Source

Status

Introduced

2/6/2012

Primary Sponsor

Brian Bingman

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Origin

Senate

2012 Regular Session

AI Summary

  • Amends 18 O.S. 2011, Section 441-821 regarding the right of directors and committee members to information in limited cooperative associations
  • Changes statutory reference from Section 82 to Section 441-817 and updates reference from "act" to "title"
  • Allows directors and committee members to obtain, inspect, and copy information about the association's activities and financial condition if reasonably related to their duties
  • Prohibits use of obtained information in any manner that would violate duties to the association
  • Effective date: November 1, 2012

Legislative Description

Corporations; updating statutory reference. Effective date.

Business and Labor

Last Action

Second Reading referred to Rules

2/7/2012

Committee Referrals

Rules2/7/2012

Full Bill Text

No bill text available