Okla. Stat. tit. 6, § 6-2104: Exempt transactions

A. Nothing in the Sale of Checks Act shall apply to the receipt

of money by any incorporated telegraph company at any agency or

office of the company for immediate transmission by telegraph, or to

the receipt of money for the purpose of transmitting or transferring

it to foreign countries.

B. Nothing in the Sale of Checks Act shall apply to the sale or

issuance of checks by governmental departments. No federally

insured financial institutions authorized to do business in this

state, including banks, savings and loan associations, and credit

unions, whether the federally insured financial institutions are

organized under the laws of this state or of the United States,

shall be subject to this act where the institution is selling or

issuing checks drawn only on itself or on another federally insured

financial institution or representing insured deposits held at the

institution.

C. Nothing in this act shall apply to a company that maintains

a license under the Oklahoma Financial Transaction Reporting Act.

Provided, a person selling checks that are exempt pursuant to this

subsection must maintain a bond covering its money transmission

activities and sale of checks activities in an amount not less than

the maximum required pursuant to the rules of the board.