Oklahoma State Question 375, Bank and Trust Company Stock Amendment (July 1956)

Oklahoma State Question 375
Election date July 3, 1956
Topic Business regulations
Status Defeated
Type Legislatively referred constitutional amendment	Origin State legislature

Oklahoma State Question 375 was on the ballot as a legislatively referred constitutional amendment in Oklahoma on July 3, 1956. It was defeated.

A "yes" vote supported allowing corporations to own stock in competitive corporations or those in the same line of business.

A "no" vote opposed allowing corporations to own stock in competitive corporations or those in the same line of business.

Election results

Oklahoma State Question 375
Result		Votes	Percentage
Yes		106,155	34.86%
No		198,355	65.14%

Results are officially certified.

Source

Text of measure

Ballot title

The ballot title for State Question 375 was as follows:

“

Shall a Constitutional amendment amending Section 41, Article IX, of the Constitution of Oklahoma, so as to permit the ownership by corporations of stock in competitive corporations, or corporations engaged in the same line of business, where such ownership does not result in undue restraint of trade, be approved by the people?

”

Path to the ballot

See also: Amending the Oklahoma Constitution

A simple majority vote is required during one legislative session for the Oklahoma State Legislature to place a constitutional amendment on the ballot. That amounts to a minimum of 51 votes in the Oklahoma House of Representatives and 24 votes in the Oklahoma State Senate, assuming no vacancies. Amendments do not require the governor's signature to be referred to the ballot.

See also

1956 Measures

• 1956 Measures
• Business regulations on the ballot
• 1956 legislative sessions

Oklahoma

• Oklahoma ballot measures
• Oklahoma ballot measure laws

News and analysis

• Ballot measure lawsuits
• Ballot measure readability
• Ballot measure polls

External links

• Oklahoma State Questions