§ 41. Banks and trust companies--Restriction on controlling other stock
Oklahoma Statutes AnnotatedConstitution of the State of Oklahoma [Annotated]
OK Const. Art. 9, § 41
§ 41. Banks and trust companies--Restriction on controlling other stock
No trust company, or bank or banking company shall own, hold, or control, in any manner whatever, the stock of any other trust company or bank or banking company, except such stock as may be pledged in good faith to secure bona fide indebtedness, acquired upon foreclosure, execution sale, or otherwise for the satisfaction of debt; and such stock shall be disposed of in the time and manner hereinbefore provided.
Credits
Amended by State Question No. 458, Legislative Referendum No. 171, adopted at election held Sept. 17, 1968.
OK Const. Art. 9, § 41, OK CONST Art. 9, § 41
Current with amendments approved through June 30, 2020.
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