§74-5017.4. Department - Powers and duties.
135 words·~1 min read·
/ok/title-74-state-government/74-5017-4·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A. The Department shall encourage and assist in creation and operation of shared foreign sales corporations to benefit businesses in this state.
B. The Department may:
1. Develop model shared foreign sales corporations, including model bylaws, operation manuals, form contracts, a model certificate of incorporation and other appropriate aids that businesses may use in creating and operating shared foreign sales corporations;
2. Provide information and counseling to businesses relating to state, federal, and international law governing shared foreign sales corporations;
3. Provide accounting information and counseling to businesses in connection with creation and operation of shared foreign sales corporations; and
4. Provide other information and assistance necessary to the creation and operation of shared foreign sales corporations to benefit businesses in the state. Added by Laws 1987, c. 214, § 12, eff. Nov. 1, 1987.