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| Title 6. Banks and Trust Companies |
Oklahoma Statutes Citationized
Title 6. Banks and Trust Companies
Chapter 1 - Oklahoma Banking Code
Article Article XI - Merger, Consolidation, Coversion, and Sale of Assets
Section 1110 - Book Value of Assets
Cite as: O.S. §, __ __
Without approval by the Commissioner no asset shall be carried on the books of the resulting bank or purchasing bank at a valuation higher than that on the books of a merging, converting bank or selling bank at the time of its last examination by a state or national bank examiner before the effective date of the merger, conversion or sale.
Historical Data
Added by Laws 1965, SB 1, c. 161, § 1110.
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