Oklahoma Action by Unanimous Consent of Shareholders in Lieu of Meeting - Amending Bylaws
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FAQ
The Oklahoma Open Meeting Act (OMA), found in Title 25 of the Oklahoma Statutes, Sections 301 through 314, was intended to ?encourage and facilitate an informed citizenry's understanding of the governmental processes and government problems.?1 A version of the OMA was originally enacted in 1959 and has been ...
The Oklahoma Open Meeting Act (25 O.S. Sections 301?314) is an Oklahoma state law that requires that all meetings of public bodies (state and local boards and commissions) must be open to the public and that the public must be given advance public notice of such meetings.
Any one or more domestic corporations may merge or consolidate with one or more domestic or foreign entities, unless the laws of the jurisdiction or jurisdictions under which such entity or entities are formed prohibit the merger or consolidation.
? This act shall be known as the Oklahoma Open Meeting Act. § 302. Public policy. ? It is the public policy of the State of Oklahoma to encourage and facilitate an informed citizenry's understanding of the governmental processes and governmental problems.
A Shareholders' Consent to Action Without Meeting, or a consent resolution, is a written statement that describes and validates a course of action taken by the shareholders of a particular corporation without a meeting having to take place between directors and/or shareholders.
Exempt: If protected by state evidentiary privilege; real estate appraisals; personnel records; registration files of sex offenders; public officials' personnel notes; business-related bids; computer programs; medical market research; and certain educational records including student records.
The purpose of this act is to ensure and facilitate the public's right of access to and review of government records so they may efficiently and intelligently exercise their inherent political power.
?25-307. A. No public body shall hold executive sessions unless otherwise specifically provided in this section.
