Okla. Stat. tit. 15, § 15-272: Banks to report interest rates - Cancellation of charter

for violating usury laws - Procedure.

It shall be the duty of the officers of all state banks,

organized and doing business under and by virtue of the laws of the

state, to make a sworn quarterly report to the Bank Commissioner,

setting forth the rate of interest charged, retained, reserved or

collected upon the loans made in excess of the legal or contract

rate of interest during the quarter for which said report is made,

and such other detailed information as the Bank Commissioner may

require concerning rates of interest charged, and all such reports

as show the rates of interest exceeding ten percent (10%) per annum

have been charged, shall be published in the annual report of the

Bank Commissioner. Provided, that when the report of any bank shall

disclose that such bank is willfully loaning money in violation of

the interest laws of the state, it shall be his duty to immediately

report such violation to the Governor, who may direct the Bank

Commissioner to bring suit, through the Attorney General, in a court

of competent jurisdiction in the county where the bank is located,

to cancel the charter of such bank and the judgment of the court on

the trial of said issue shall find the defendant bank guilty or not

guilty, and if the judgment is guilty it shall further provide for

the cancellation of the charter of said bank and the liquidation of

the assets of said bank as the law now provides in cases of

insolvent banks, from which judgment either party shall have the

right of appeal to the Supreme Court, as in civil cases. Upon such

appeal being filed, the Supreme Court shall hear and determine same

as an advanced case.