Okla. Stat. tit. 18, § 18-902: Definitions
Where this section sits in the code
- OK Code
- Title 18
As used in this act, unless a different meaning is required by
the context, the following words and phrases shall have the
following meanings:
(1) "Corporation" means the Oklahoma Business Development
Corporation created under the provisions of this act.
(2) "Financial institution" means any bank, trust company,
savings and loan association, insurance company, or other
institution engaged in lending or investing funds.
(3) "Member" means any financial institution which shall
undertake to lend money to a corporation created under the
provisions of this act.
(4) "Board of directors" means the board of directors of a
corporation created under this act.
(5) "Loan limit" for any member means the maximum amount
permitted to be outstanding at one time on loans made by such member
to a corporation as determined under the provisions of this act.
(6) "Shareholder" means the holder of record of shares in the
corporation.
Collected 2026-09-14T18:32:36Z. Source file · JSON