Okla. Stat. tit. 18 § 1040

Current through Laws 2024, c. 453.
Section 1040 - Shares of Stock - Personal Property, Transfer and Taxation

The shares of stock in every corporation shall be deemed personal property and transferable as provided for in the Uniform Commercial Code - Investment Securities. No stock or bonds issued by any corporation organized in accordance with the provisions of the Oklahoma General Corporation Act shall be taxed by this state when the same shall be owned by nonresidents of this state or by foreign corporations.

Okla. Stat. tit. 18, § 1040

Added by Laws 1986, c. 292, § 40, eff. 11/1/1986.