Oklahoma SB1534: Corporations; modifying requirements related to charitable organizations and solicitation of charitable contributions; prohibiting certain actions by charitable nonprofit corporations. Effective date.

What the bill says

An Act relating to corporations; amending 18 O.S. 2021, Sections 552.2, 552.3, 552.4, and 552.14a, which relate to the Oklahoma Solicitation of Charitable Contributions Act; modifying definitions; defining terms; requiring charitable organization to provide certain information to the Secretary of State; modifying applicability of act to certain organizations and institutions; authorizing charitable organizations to enter into certain consent judgments; specifying proper court jurisdiction to enforce certain compliance; providing exceptions to certain prohibited disclosures; defining term…

From the enrolled text, May 7, 2026:

An Act relating to corporations; amending 18 O.S. 2021, Sections 552.2, 552.3, 552.4, and 552.14a, which relate to the Oklahoma Solicitation of Charitable Contributions Act; modifying definitions; defining terms; requiring charitable organization to provide certain information to the Secretary of State; modifying applicability of act to certain organizations and institutions; authorizing charitable organizations to enter into certain consent judgments; specifying proper court jurisdiction to enforce certain compliance; providing exceptions to certain prohibited disclosures; defining term; specifying certain duties for director or officer of charitable nonprofit corporation; amending 18 O.S. 2021, Sections 1004.1 and 1027, as amended by Sections 9 and 16, Chapter 120, O.S.L. 2024, and 1029 (18 O.S. Supp. 2025, Sections 1004.1 and 1027), which relate to the Oklahoma General Corporation Act; modifying applicability of certain provisions; modifying definition; modifying required number of members of boards of directors of certain corporations; prohibiting certain actions by charitable nonprofit corporations; providing for certain liability; updating statutory language; updating statutory references; providing for codification; and providing an effective date. SUBJECT: Charitable nonprofit entities SECTION 1. AMENDATORY 18 O.S. 2021, Section 552.2, is amended to read as follows: Section 552.2. As used in the Oklahoma Solicitation of Charitable Contributions Act: 1. "Person" means any individual, organization, group, association, partnership, corporation, limited liability company, trust, or other entity, except as otherwise provided in Section …