Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
§ 18.1125 — Oklahoma Law | CourtGPT
  1. Home/
  2. Laws/
  3. Oklahoma/
  4. Title 18 - Corporations§18-1.248. Statutes, Acts, and Parts Thereof Specifically Repealed/
  5. Chapter 18/
  6. § 18.1125
Oklahoma Legal Code

§ 18.1125

Ask AI about this
ACTION BY OFFICER, DIRECTOR OR SHAREHOLDER AGAINST CORPORATION FOR CORPORATE DEBT PAIDWhen any officer, director or shareholder shall pay any debt of a corporation for which he is made liable by the provisions of the Oklahoma General Corporation Act, he may recover the amount so paid in an action against the corporation for money paid for its use, and in such action only the property of a corporation shall be liable to be taken, and not the property of any shareholder.Added by Laws 1986, c. 292, § 124, eff. Nov. 1, 1986.