§18-381.53d. Proceeds from assessment - Disposition.
35 words·~1 min read·
/ok/title-18-corporations/18-381-53d·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The proceeds from any assessment, less the cost of any sales and any forfeiture of delinquent stock, shall be credited to the contingent reserve account. Laws 1978, c. 168, § 34, eff. July 1, 1979.