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§ 423. Operations centers

Oklahoma Statutes AnnotatedTitle 6. Banks and Trust Companies

Oklahoma Statutes Annotated
Title 6. Banks and Trust Companies (Refs & Annos)
Chapter 1. Oklahoma Banking Code
Article IV. General Powers
6 Okl.St.Ann. § 423
§ 423. Operations centers
Upon written notice to the Commissioner, any bank may establish one or more operations centers on property owned or leased by the bank. For purposes of this section, “operations center” means a bank facility separated from the main office of the bank at which only the following bank operations are conducted: computer processing, information systems, electronic communications, loan payment processing, bookkeeping, item processing, currency and coin processing and storage, data processing, and all support functions related thereto.

Credits

Laws 1989, c. 293, § 8, emerg. eff. May 24, 1989; Laws 1997, c. 111, § 52, eff. July 1, 1997.
6 Okl. St. Ann. § 423, OK ST T. 6 § 423
Current with emergency effective legislation through Chapter 182 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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