Okla. Stat. tit. 6, § 6-2001: Definitions

As used in this chapter:

1. "Credit union" means a cooperative nonprofit society

incorporated for the purpose of promoting thrift among its members,

and creating a source of credit for them at legitimate rates of

interest for provident or productive purposes; and

2. "Paid-in and unimpaired capital and surplus" means, the

balance of all paid-in share accounts and other deposits, less any

loss for which no reserve has been established or which has not been

charged against undivided earnings, plus the credit balance (or less

the debit balance) of undivided earnings, after all losses have been

provided for and net earnings or net losses have been added thereto

or deducted therefrom. Reserves shall not be considered as a part

of surplus.