Okla. Stat. tit. 18 § 441-1006

Current through Laws 2024, c. 453.
Section 441-1006 - Redemption or repurchase

Property distributed to a member by a limited cooperative association, other than money, may be redeemed or repurchased as provided in the organic rules but a redemption or repurchase may not be made without authorization by the board of directors. The board may withhold authorization for any reason in its sole discretion. A redemption or repurchase is treated as a distribution for purposes of Section 96 of this act.

Okla. Stat. tit. 18, § 441-1006

Added by Laws 2009 , HB 2148, c. 68, § 95, eff. 1/1/2010.