Oklahoma corporate bylaws are used by newly created corporations to set forth rules and regulations for the internal management of company affairs. This document provides provisions regarding meetings, stock certificates, and how important documents may be executed. Policies regarding how the company chooses to limit the personal liability of its directors/officers are also put into place with the implementation of this document.
Any amendments to the bylaws by the shareholders or board of directors must be submitted to the Oklahoma State Banking Commissioner for approval.
Bylaws required? Yes (§ 18-381.26)