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| Title 6. Banks and Trust Companies | 
 Oklahoma Statutes Citationized
Oklahoma Statutes Citationized
   Title 6. Banks and Trust Companies
Title 6. Banks and Trust Companies
     Chapter 1 - Oklahoma Banking Code
Chapter 1 - Oklahoma Banking Code
         Article Article III - Organization
Article Article III - Organization
         Section 303 - Incorporators
Section 303 - Incorporators
Cite as:  O.S. §, __  __
A. One or more persons eligible by the 
Oklahoma Banking Code or by federal law to own and control a bank or trust 
company shall file with the State Banking Commissioner, in a method as required 
by the Commissioner, an application for authority to organize setting forth the 
information required by Section  
               
              
            
          305 
               
              
            
           of 
this title.
B. Each organizer shall subscribe and pay in 
full in cash for stock having a total subscription price of not less than one 
percent (1%) of the minimum capital required by Section     
               
             303.1  
              
             
    of this title.
C.  An application fee in an amount 
prescribed by Board rule shall accompany the application. The fee is payable 
from the organizational expense fund and is nonrefundable.
Historical Data
Added by Laws 1965, SB 1, c. 161, § 303; Amended by Laws 1967, SB 428, c. 258, § 1, emerg. eff. May 8, 1967; Amended by Laws 1970, HB 1648, c. 321, § 6; Amended by Laws 1971, SB 304, c. 352, § 6, emerg. eff. June 24, 1971; Amended by Laws 1982, SB 583, c. 204, § 4; Amended by Laws 1990, HB 2240, c. 173, § 2, emerg. eff. May 3, 1990; Amended by Laws 1997, HB 2173, c. 111, § 20, emerg. eff. July 1, 1997 (superseded document available); Amended by Laws 2000, HB 2676, c. 205, § 11, emerg. eff. May 17, 2000 (superseded document available); Amended by Laws 2001, HB 1469, c. 55, § 1, eff. November 1, 2001 (superseded document available).
Citationizer© Summary of Documents Citing This Document| Cite | Name | Level | |
|---|---|---|---|
| Oklahoma Session Laws - 2001 | |||
| Cite | Name | Level | |
| 2001 O.S.L. 55, 2001 O.S.L. 55, | Banks; deleting certain provisions; restricting use of corporate name; requiring compliance with certain section of title; allowing for designation of beneficiary and payment of proceeds in certain accounts. Effective date. | Discussed at Length | |
| Title 6. Banks and Trust Companies | |||
| Cite | Name | Level | |
| 6 O.S. 211.1, | Banking Department Revolving Fund | Cited | |
| 6 O.S. 305, | Application for Authority to Engage in Banking or Trust Company Business - Contents - Articles of Incorporation | Cited | |
| 6 O.S. 502.1, | Rules - Prefiling Meeting - Acceptance of Application - Subsequent Merger | Cited | |
| Cite | Name | Level | |
|---|---|---|---|
| Title 6. Banks and Trust Companies | |||
| Cite | Name | Level | |
| 6 O.S. 303, | Incorporators | Cited | |
| 6 O.S. 303.1, | Capital Structure - Preferred Stock | Cited | |
| 6 O.S. 305, | Application for Authority to Engage in Banking or Trust Company Business - Contents - Articles of Incorporation | Cited | |