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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 1108 - Nonconforming Assets or Business
Cite as: O.S. §, __ __




If a constituent bank or savings association has assets which do not conform to the requirements of state law for the resulting bank, or if a converting national bank has assets which do not conform to the requirements of state law for the converted state bank, or in either case there are business activities which are not permitted for the resulting or converted state bank, the Commissioner may permit a reasonable time to conform with state law.

Historical Data


Added by Laws 1965, SB 1, c. 161, § 1108; Amended by Laws 1990, HB 2240, c. 173, § 13, emerg. eff. May 3, 1990.

Citationizer© Summary of Documents Citing This Document
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Title 6. Banks and Trust Companies
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 6 O.S. 1111, State Bank MergerCited
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