{"data":{"id":"us-ok/okla.-stat.-tit.-6-6-1610","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 6, § 6-1610","heading":"Lending limits","body":"Lending limits.\n\nA. The Board shall by rule prescribe the limits of drafts or\n\nbills of exchange which an international bank agency may accept\n\nrelative to the capital accounts of the international banking\n\ncorporation. These limits shall take into account all transactions\n\nwhich are included and excluded in computing the lending limit for\n\nacceptances of a federal agency licensed under the federal\n\nInternational Banking Act of 1978, as amended.\n\nB. The provisions of Section 802 of Title 6 of the Oklahoma\n\nStatutes, except to the extent it is inconsistent with Section 15 of\n\nthis act or the provisions of this section, shall apply to the loans\n\nand investments made by any international bank agencies of the\n\ninternational banking corporation. As used in such sections with\n\nrespect to an international banking corporation and its\n\ninternational bank agencies, the term \"capital accounts\" shall be\n\ndeemed to refer to the capital and surplus of the international\n\nbanking corporation, and, except when used with reference to capital\n\naccounts, the term \"bank\" shall be deemed to refer to the\n\ninternational bank agencies of the international banking corporation\n\nwhich are licensed in this state.\n\nC. Any limitation in this section based on the capital accounts\n\nof an international banking corporation shall be deemed to refer,\n\nwith respect to an international bank agency in this state, to the\n\ndollar equivalent of the capital accounts of the international\n\nbanking corporation, as determined by the Board. If the\n\ninternational banking corporation has more than one international\n\nbank agency in this state, the business transacted by all such\n\nagencies shall be aggregated in determining compliance with a\n\nlimitation or restriction in this section.\n\nD. With the prior written approval of the Commissioner, the\n\ncapital notes and capital debentures of an international banking\n\ncorporation may be treated as capital in computing the limitations\n\nreferred to in this section.","path":["OK Code","Title 6"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os6.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"a51ee26702f453830d788187d94c4e0516909a3e1ad9fcbb23f0704f9deed621","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-6-6-1609","next":"us-ok/okla.-stat.-tit.-6-6-1611"},"notice":"GroundRules: Original legal text. Not legal advice."}