If judgment be rendered against any corporation, or against any persons claiming to be a corporation, the court may cause the costs to be collected by execution against the persons claiming to be a corporation, or by attachment against the directors or other officers of the corporation, and may restrain any disposition of the effects of the corporation, appoint a receiver of its property and effects, take an account, and make a distribution thereof among the creditors and persons entitled.
§ 1538.Costs, In Case of Corporations - Scope of Relief - Receiver
Chapter 29: Quo Warranto · Not amended since adoption on record · Last verified August 3, 2026
In one sentenceSection 1538 lets the court collect costs from a corporation's directors or officers by attachment, restrain the corporation from disposing of its assets, appoint a receiver, and distribute the corporation's property among its creditors and other entitled persons.
Full Text of § 1538
Amendment History
R.L. 1910, § 4926.
Plain-English Summary
When judgment goes against a corporation, or against people merely claiming to be one, the court has several tools beyond the basic judgment. It can collect costs by execution against the people claiming corporate status, or by attachment against the corporation's directors or other officers. It can also restrain the corporation from disposing of its assets, appoint a receiver over its property and effects, take an accounting, and distribute what's left among the creditors and other persons entitled to it.
Frequently Asked Questions
How does the court collect costs when it rules against a corporation?
By execution against the persons claiming to be a corporation, or by attachment against the corporation's directors or other officers.
Can the court stop the corporation from selling off its assets during this process?
Yes. The court may restrain any disposition of the corporation's effects.
What happens to the corporation's property once a receiver is appointed?
The receiver takes an account of it, and the court makes a distribution among the corporation's creditors and other persons entitled to it.
Source & verification. Section text is reproduced verbatim from
Title 12 of the Oklahoma Statutes, enacted by the Oklahoma Legislature.
Last verified August 3, 2026.
· Official source
Also known as: receiver appointed dissolved corporation oklahomaquo warranto costs against corporate officers12 O.S. § 1538distribution corporate assets creditors oklahoma