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§ 18.1050 — Oklahoma Law | CourtGPT
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Oklahoma Legal Code

§ 18.1050

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SPECIAL PURPOSE RESERVES The directors of a corporation may set apart out of any of the funds of the corporation available for dividends a reserve or reserves for any proper purpose and may abolish any such reserve.Added by Laws 1986, c. 292, § 50, eff. Nov. 1, 1986.