Okla. Stat. tit. 6, § 6-1610: Lending limits

Lending limits.

A. The Board shall by rule prescribe the limits of drafts or

bills of exchange which an international bank agency may accept

relative to the capital accounts of the international banking

corporation. These limits shall take into account all transactions

which are included and excluded in computing the lending limit for

acceptances of a federal agency licensed under the federal

International Banking Act of 1978, as amended.

B. The provisions of Section 802 of Title 6 of the Oklahoma

Statutes, except to the extent it is inconsistent with Section 15 of

this act or the provisions of this section, shall apply to the loans

and investments made by any international bank agencies of the

international banking corporation. As used in such sections with

respect to an international banking corporation and its

international bank agencies, the term "capital accounts" shall be

deemed to refer to the capital and surplus of the international

banking corporation, and, except when used with reference to capital

accounts, the term "bank" shall be deemed to refer to the

international bank agencies of the international banking corporation

which are licensed in this state.

C. Any limitation in this section based on the capital accounts

of an international banking corporation shall be deemed to refer,

with respect to an international bank agency in this state, to the

dollar equivalent of the capital accounts of the international

banking corporation, as determined by the Board. If the

international banking corporation has more than one international

bank agency in this state, the business transacted by all such

agencies shall be aggregated in determining compliance with a

limitation or restriction in this section.

D. With the prior written approval of the Commissioner, the

capital notes and capital debentures of an international banking

corporation may be treated as capital in computing the limitations

referred to in this section.