§ 1109.1. Sale of assets other than in the ordinary course of business
Oklahoma Statutes AnnotatedTitle 6. Banks and Trust Companies
6 Okl.St.Ann. § 1109.1
§ 1109.1. Sale of assets other than in the ordinary course of business
In any circumstance other than in the ordinary course of business, a bank may sell any asset with the prior approval of the Commissioner. The sale of all, or substantially all, of the assets of a bank or of a department thereof shall be governed by Section 1109 of Title 6 of the Oklahoma Statutes.
Credits
Laws 1997, c. 111, § 91, eff. July 1, 1997.
6 Okl. St. Ann. § 1109.1, OK ST T. 6 § 1109.1
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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