# Okla. Stat. tit. 18, § 18-1148A: Other definitions

> Oklahoma · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_OK_T18_S18-1148A

## Section

- **Citation:** Okla. Stat. tit. 18, § 18-1148A
- **Heading:** Other definitions
- **Jurisdiction:** Oklahoma
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** OK Code / Title 18 / Section 18-1148A

## Text

OTHER DEFINITIONS

Oklahoma Statutes - Title 18. Corporations Page 523

As used in Sections 1145 through 1155 of Title 18 of the

Oklahoma Statutes:

1. "Acquiring person" means a person who makes or proposes to

make, or persons acting as a "group" as defined in Section 13(d)(3)

of the Securities Exchange Act of 1934, 15 U.S.C. Section 78a et

seq., as amended, who make or propose to make, a control share

acquisition; provided, "acquiring person" does not include the

issuing public corporation;

2. "Affiliate" means a person who directly or indirectly

controls the corporation. For the purpose of this paragraph,

"control" means the possession, direct or indirect, of the power to

direct or cause the direction of the management and policies of the

corporation, whether through the ownership of voting securities, by

contract, or otherwise. A person's beneficial ownership of ten

percent (10%) or more of all voting power of a corporation, except a

person holding voting power in good faith as an agent, bank, broker,

nominee, custodian or trustee for one or more beneficial owners who

do not individually or as a group control the corporation, creates a

presumption that the person controls the corporation;

3. "All voting power" means the aggregate voting power that the

shareholders of an issuing public corporation would have in the

election of directors generally, except for Sections 1145 through

1155 of Title 18 of the Oklahoma Statutes;

4. "Beneficial ownership" shall have the same meaning ascribed

to such term by Rule 13d-3 under the Securities Exchange Act of

1934, 15 U.S.C., Section 78a et seq., as amended; and

5. "Person" means any individual, corporation, partnership,

unincorporated association or other entity.

## Nearby sections

- [Okla. Stat. tit. 18, § 18-1.248 Statutes, acts, and parts thereof specifically repealed](https://www.frixlaw.com/law-library/statutes/STATE_OK_T18_S18-1.248.md)
- [Okla. Stat. tit. 18, § 18-381.1 Short title](https://www.frixlaw.com/law-library/statutes/STATE_OK_T18_S18-381.1.md)
- [Okla. Stat. tit. 18, § 18-381.3 Conformity of existing associations](https://www.frixlaw.com/law-library/statutes/STATE_OK_T18_S18-381.3.md)
- [Okla. Stat. tit. 18, § 18-381.6a Records - Confidentiality](https://www.frixlaw.com/law-library/statutes/STATE_OK_T18_S18-381.6a.md)
- [Okla. Stat. tit. 18, § 18-381.7a Examinations – Reports by associations - Penalty](https://www.frixlaw.com/law-library/statutes/STATE_OK_T18_S18-381.7a.md)
- [Okla. Stat. tit. 18, § 18-381.8a Preservation of documents – Electronically stored or](https://www.frixlaw.com/law-library/statutes/STATE_OK_T18_S18-381.8a.md)
- [Okla. Stat. tit. 18, § 18-381.14 Limitation of liability](https://www.frixlaw.com/law-library/statutes/STATE_OK_T18_S18-381.14.md)
- [Okla. Stat. tit. 18, § 18-381.15 Examination and audit reports from Director of the](https://www.frixlaw.com/law-library/statutes/STATE_OK_T18_S18-381.15.md)
- [Okla. Stat. tit. 18, § 18-381.17 Contents of certificate of incorporation](https://www.frixlaw.com/law-library/statutes/STATE_OK_T18_S18-381.17.md)
- [Okla. Stat. tit. 18, § 18-381.19 Order – Certificate of authority](https://www.frixlaw.com/law-library/statutes/STATE_OK_T18_S18-381.19.md)
- [Okla. Stat. tit. 18, § 18-381.20 Payment into escrow account - Required savings capital](https://www.frixlaw.com/law-library/statutes/STATE_OK_T18_S18-381.20.md)
- [Okla. Stat. tit. 18, § 18-381.22 Corporate name](https://www.frixlaw.com/law-library/statutes/STATE_OK_T18_S18-381.22.md)
- [Okla. Stat. tit. 18, § 18-381.23 Exclusiveness of name](https://www.frixlaw.com/law-library/statutes/STATE_OK_T18_S18-381.23.md)
- [Okla. Stat. tit. 18, § 18-381.24 Change of office location - Change of name](https://www.frixlaw.com/law-library/statutes/STATE_OK_T18_S18-381.24.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_OK_T18_S18-1148A. Check the current official text before relying on it. Not legal advice.
