Oklahoma SB2117 modifies the Cooperative Marketing Association Act, changing the short title and financial statement requirements.

Oklahoma SB2117 amends the Cooperative Marketing Association Act by modifying the short title to the "Cooperative Marketing Association Act of 2026" and altering the entity required to submit financial statements. The act specifies that financial statements must be prepared at the time of each dividend apportionment and at least once annually, showing the financial condition of the corporation association. The act also includes provisions regarding the distribution of undistributed balances and interest paid on membership capital or stock. This act becomes effective November 1, 2026.

Oklahoma SB2117 modifies the Cooperative Marketing Association Act, changing the short title and financial statement requirements.

Oklahoma SB2117 amends the Cooperative Marketing Association Act by modifying the short title to the "Cooperative Marketing Association Act of 2026" and altering the entity required to submit financial statements. The act specifies that financial statements must be prepared at the time of each dividend apportionment and at least once annually, showing the financial condition of the corporation association. The act also includes provisions regarding the distribution of undistributed balances and interest paid on membership capital or stock. This act becomes effective November 1, 2026.