Okla. Stat. tit. 6, § 6-511: Industrial loan company - Industrial bank - Definition

As used in this act, an “industrial loan company” or “industrial

bank” means a company that is chartered by another state to make

consumer loans or commercial loans or to accept deposits insured by

the Federal Deposit Insurance Corporation but not to accept demand

deposits and that is not subject to the Bank Holding Company Act of

1987 or to supervision by the Federal Reserve System.