GroundRules
← Search the law
Oklahoma · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Okla. Stat. tit. 6, § 6-1725: Notice of change of control, substantial transfer of trust

Read at publisher ↗
Where this section sits in the code
  1. OK Code
  2. Title 6

assets or closure.

Each out-of-state trust institution that maintains an office in

this state pursuant to Sections 10 through 25 of this act, or the

home state regulator of such trust institution, shall give at least

thirty days' prior written notice or, in the case of an emergency

transaction, such shorter notice as is consistent with applicable

state or federal law, to the Commissioner of:

1. Any merger, consolidation, or other transaction that would

cause a change of control with respect to such out-of-state trust

institution or any bank holding company that controls such trust

institution, with the result that an application would be required

to be filed pursuant to the federal Change in Bank Control Act of

1978, as amended, 12 U.S.C., Section 1817(j), or the federal Bank

Holding Company Act of 1956, as amended, 12 U.S.C., Section 1841 et

seq., or any successor statutes thereto;

2. Any transfer of all or substantially all of the trust

accounts or trust assets of the out-of-state trust institution to

another person; or

3. The closing or disposition of any office in this state.

Collected 2026-09-14T18:32:36Z. Source file · JSON

Browse this collection