{"data":{"id":"us-ok/okla.-stat.-tit.-71-71-421","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 71, § 71-421","heading":"Exemptions","body":"This act shall not apply when:\n\n1. The offeror or the target company is a public utility or a\n\npublic utility holding company as defined in Section 2 of the\n\n\"Public Utility Holding Company Act of 1935,\" 49 Stat. 803, 15\n\nU.S.C. 79, as amended, and the multinational corporation take-over\n\nbid is subject to approval by the appropriate federal agency as\n\nprovided in such act;\n\n2. The offeror or the target company is a bank or a bank\n\nholding company as subject to the \"Bank Holding Company Act of\n\n1956,\" 70 Stat. 133, 12 U.S.C. 1841, and subsequent amendments\n\nthereto, and the multinational corporation take-over bid is subject\n\nto approval by the appropriate federal agency as provided in such\n\nact;\n\n3. The offeror or the target company is a savings and loan\n\nholding company as defined in Section 2 of the \"Savings and Loan\n\nHolding Company Amendments of 1967,\" 82 Stat. 5, 12 U.S.C. 1730A, as\n\namended, and the multinational corporation take-over bid is subject\n\nto approval by the appropriate federal agency as provided in such\n\nact;\n\n4. The offeror and the target company are banks and the offer\n\nis part of a merger transaction subject to approval by appropriate\n\nfederal supervisory authorities; and\n\n5. The offeror or target company is an insurance company\n\nregulated under the Oklahoma Insurance Code.","path":["OK Code","Title 71"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os71.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"ccdfd41e8765b57e3a7004b6aabd80c508ea28607a5671ac361a77366d81fc2c","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-71-71-420","next":"us-ok/okla.-stat.-tit.-71-71-451"},"notice":"GroundRules: Original legal text. Not legal advice."}