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§18-1155.
§18-1155.
RIGHTS OF DISSENTING SHAREHOLDERS
A. Unless otherwise provided in a corporation's certificate of
incorporation or bylaws before a control share acquisition has
occurred, in the event control shares acquired in a control share
acquisition are accorded full voting rights and the acquiring person
has acquired control shares with a majority or more of all voting
power, all shareholders of the issuing public corporation have
dissenters' rights.
B. As soon as practicable after such events have occurred, the board
of directors shall cause a notice to be sent to all shareholders of
the corporation advising them of the facts and that they have
dissenters' rights to receive the fair value of their shares pursuant
to Section 1091 of Title 18 of the Oklahoma Statutes.
C. As used in this section, "fair value" means a value not less than
the highest price paid per share by the acquiring person in the
control share acquisition.
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