Okla. Stat. tit. 6, § 6-104: Effect on existing banks and trust companies - Registration
Where this section sits in the code
- OK Code
- Title 6
of bank or trust-related activities.
A. The certificates, permits and charters of state banks and
trust companies heretofore organized under the laws of the state and
existing before August 31, 1965, shall continue in full force and
effect. All such state banks and trust companies, and, to the
extent applicable, all national banks now or hereafter doing
business in this state, shall from August 31, 1965, be subject to
the provisions and requirements of this Code in every particular as
if organized under this act.
B. Any bank, bank holding company, trust company or business
association not holding a charter of authority to engage in banking
or trust company business in this state shall register with the
Commissioner, on a form provided by the Commissioner and pay a
registration fee in an amount set by rule of the Board, all bank or
trust-related activities conducted in this state by the bank, bank
holding company, trust company, business association, or any
subsidiary or affiliate thereof.
C. Bank or trust-related activities include receiving deposits,
transaction accounts, making loans, issuing debentures or other
evidence of debt, holding funds or other property in trust, acting
in a fiduciary capacity, or conducting in any other manner banking,
or bank or trust-related activities.
Collected 2026-09-14T18:32:36Z. Source file · JSON