Legal Opinion

Opinion No. (1988)

Oklahoma Attorney General Reports

Decided September 13, 1988Published

1Opinion of the Court

Dear Representative Craighead,

¶ 0 The Attorney General has received your request for an official opinion asking, in effect:

When a business corporation that is unable to locateshareholders or has distributive shares that remain unclaimed orin dispute, begins a voluntary dissolution prior to the effectivedate of the Oklahoma General Corporation Act, 18 O.S. 1001(1987) et seq., does the old Business Corporation Act, 18 O.S.1.1 (1981) et seq., or the General Corporation Act, control asto those shares?

¶ 1 Article V, Section 54 of the Oklahoma Constitution provides:

The repeal of a statute shall not…

2Cases cited9 opinions

  1. Acheson v. MillerOhio Supreme Court · 1849
  2. Cowart v. Piper Aircraft Corp.Supreme Court of Oklahoma · 1983
  3. Baker v. Tulsa Bldg. & Loan Ass'nSupreme Court of Oklahoma · 1936
  4. Hammons v. Muskogee Medical Center AuthoritySupreme Court of Oklahoma · 1985
  5. First National Bank of Pauls Valley v. CrudupSupreme Court of Oklahoma · 1982

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