{"data":{"id":"us-ok/okla.-stat.-tit.-18-18-902","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 18, § 18-902","heading":"Definitions","body":"As used in this act, unless a different meaning is required by\n\nthe context, the following words and phrases shall have the\n\nfollowing meanings:\n\n(1) \"Corporation\" means the Oklahoma Business Development\n\nCorporation created under the provisions of this act.\n\n(2) \"Financial institution\" means any bank, trust company,\n\nsavings and loan association, insurance company, or other\n\ninstitution engaged in lending or investing funds.\n\n(3) \"Member\" means any financial institution which shall\n\nundertake to lend money to a corporation created under the\n\nprovisions of this act.\n\n(4) \"Board of directors\" means the board of directors of a\n\ncorporation created under this act.\n\n(5) \"Loan limit\" for any member means the maximum amount\n\npermitted to be outstanding at one time on loans made by such member\n\nto a corporation as determined under the provisions of this act.\n\n(6) \"Shareholder\" means the holder of record of shares in the\n\ncorporation.","path":["OK Code","Title 18"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os18.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"441ed3901e20b05eaad6e50fc26f15b4ac13dce249c7bfee6e9c24bcf32c1f36","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-18-18-901","next":"us-ok/okla.-stat.-tit.-18-18-903"},"notice":"GroundRules: Original legal text. Not legal advice."}