Okla. Stat. tit. 18 § 441-820

Current through Laws 2024, c. 453.

Section 441-820 - Other considerations of directors

Unless the articles of organization otherwise provide, in considering the best interests of a limited cooperative association, a director of the association in discharging the duties of director, in conjunction with considering the long- and short-term interest of the association and its patron members, may consider:

(1) The interest of employees, customers, and suppliers of the association;

(2) The interest of the community in which the association operates; and

(3) Other cooperative principles and values that may be applied in the context of the decision.

Okla. Stat. tit. 18, § 441-820

Added by Laws 2009 , HB 2148, c. 68, § 85, eff. 1/1/2010.