Summary
The Supreme Court of Oklahoma issued an order amending Article VI, Section 5 of the Rules Creating and Controlling the Oklahoma Bar Association. The amendment establishes and revises requirements for monthly financial statements, annual financial reports, and review of the Association's financial audit.
Topics
Practice areas
Questions Presented
- Whether the Supreme Court of Oklahoma had jurisdiction to consider the application to amend the Rules Creating and Controlling the Oklahoma Bar Association.
- Whether Article VI, section 5 of the Rules Creating and Controlling the Oklahoma Bar Association should be amended as proposed.
Holdings
- The Supreme Court of Oklahoma had jurisdiction over the application to amend the Rules Creating and Controlling the Oklahoma Bar Association.
- Article VI, section 5 of the Rules Creating and Controlling the Oklahoma Bar Association was amended as proposed in Exhibit A, effective immediately.
Factual background
The Oklahoma Bar Association sought to amend Article VI, section 5 of its governing rules concerning financial reporting by the executive director. The proposed amendment required monthly and annual financial reports, provision of monthly financial statements to the court liaison and Board of Governors, and delivery of the Association's financial audit for review before Board approval. The Supreme Court approved the amendment effective immediately.
Procedural history
The matter came before the Supreme Court of Oklahoma on an application to amend Article VI, section 5 of the Oklahoma Bar Association rules. The court found that it had jurisdiction and approved the proposed amendment effective immediately.