§18-1069. Form of records.

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A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

FORM OF RECORDS

Any records administered by or on behalf of a corporation in the regular course of its business including its stock ledger, books of account and minute books may be kept on, or by means of, or be in the form of, any information storage device, method or one or more electronic networks or databases including one or more distributed electronic networks or databases; provided that the records so kept can be converted into clearly legible paper form within a reasonable time, and, with respect to the stock ledger, that the records so kept

(i)can be used to prepare the list of shareholders specified in Sections 1064 and 1065 of this title,

(ii)record the information specified in Sections 1037, 1040 and 1063, and subsection A of Section 1062 of this title, and

(iii)record transfers of stock as governed by Article 8 of the Uniform Commercial Code. Any corporation shall convert any records so kept into clearly legible paper form upon the request of any person entitled to inspect the records pursuant to any provision of the Oklahoma General Corporation Act. Where records are kept in the manner, a clearly legible paper form prepared from or by means of the information storage device, method shall be admissible in evidence and shall be accepted for all other purposes, to the same extent as an original paper record of the same information would have been, when the paper form accurately portrays the record. Added by Laws 1986, c. 292, § 69, eff. Nov. 1, 1986. Amended by Laws 2001, c. 405, § 14, eff. Nov. 1, 2001; Laws 2021, c. 51, § 8, eff. Nov. 1, 2021.