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§ 1108. Nonconforming assets or business

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 XI. Merger, Consolidation, Conversion and Sale of Assets (Refs & Annos)
6 Okl.St.Ann. § 1108
§ 1108. Nonconforming assets or business
If a constituent bank or savings association has assets which do not conform to the requirements of state law for the resulting bank, or if a converting national bank has assets which do not conform to the requirements of state law for the converted state bank, or in either case there are business activities which are not permitted for the resulting or converted state bank, the Commissioner may permit a reasonable time to conform with state law.

Credits

Laws 1965, c. 161, § 1108; Laws 1990, c. 173, § 13, emerg. eff. May 3, 1990.
6 Okl. St. Ann. § 1108, OK ST T. 6 § 1108
Current with emergency effective legislation through Chapter 257 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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