{"data":{"id":"us-ok/okla.-stat.-tit.-6-6-312","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 6, § 6-312","heading":"Issuance of certificate of incorporation - Shareholders","body":"meeting – Filing of verified application for certificate - Contents.\n\nWithin ninety (90) days after approval by the Board of an\n\napplication for authority to organize or any additional period\n\nallowed by the Commissioner:\n\n1. The proposed certificate of incorporation submitted to the\n\nCommissioner with the application for authority to organize shall be\n\nsigned under oath by each of the organizers and submitted in\n\nduplicate to the Commissioner. A copy thereof, duly approved by the\n\nCommissioner, shall be filed with the Secretary of State by the\n\napplicant. The Secretary of State shall issue a certificate in the\n\nform provided by law for other corporations and the existence of\n\nsuch bank or trust company shall date from the issuance of the\n\ncertificate of the Secretary of State; provided, it shall be a\n\ncriminal offense against this Code for a state bank or trust company\n\nto perform any act other than to perfect its organization, obtain\n\nand equip a place of business and otherwise prepare to do business\n\nbefore receiving a certificate of authority to operate issued to it\n\nby the Commissioner;\n\n2. After the certificate of incorporation is received from the\n\nSecretary of State, a meeting of the shareholders shall be held to\n\nelect directors and adopt the bylaws. The bylaws adopted may be\n\namended by majority vote of the outstanding voting shares and the\n\nbylaws may provide for amendment by the board of directors of any\n\nprovision other than those relating to the duties, term of office,\n\nremuneration, reimbursement or indemnification of a director, and no\n\nshare shall be issued until the bank's capital has been paid in\n\nfull; and\n\n3. After the first meeting of the shareholders and the board of\n\ndirectors, the president, secretary or cashier shall file with the\n\nCommissioner a verified application for certificate of authority.\n\nThe application shall contain:\n\na. a statement as to the amount of capital which the bank\n\nhas collected from subscribers to the bank's stock,\n\nb. the name, address and business and professional\n\naffiliations of each director and executive officer,\n\nc. evidence of the character, financial responsibility\n\nand ability of the managing officer,\n\nd. the name and address of each shareholder and the\n\nnumber of shares held by each,\n\ne. the address at which the bank or trust company will\n\noperate,\n\nf. a statement that all of the bylaws adopted were\n\nattached as an exhibit to the application for\n\nauthority to organize,\n\ng. if a bank, a statement that an application for Federal\n\nDeposit Insurance or for membership in the Federal\n\nReserve System has been approved, and\n\nh. such other information as the Commissioner may require\n\nto enable the Commissioner to determine whether a\n\ncertificate of authority should be issued.","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":"cecb2774b918074ad7e01d7a255a367e88d2b619adcfb8a959e9f0d475f7b587","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-6-6-311.1","next":"us-ok/okla.-stat.-tit.-6-6-313"},"notice":"GroundRules: Original legal text. Not legal advice."}