§ 2123. Proceeds of sales of checks by agents--Exemption from attachment, levy of execution, or...
Oklahoma Statutes AnnotatedTitle 6. Banks and Trust Companies
6 Okl.St.Ann. § 2123
§ 2123. Proceeds of sales of checks by agents--Exemption from attachment, levy of execution, or sequestration--Assignment to Commissioner
(b) No proceeds received by any agent or agents of a licensee from the sale of any check issued by such licensee, while held by the agent, nor any property impressed with a trust pursuant to this section shall be subject to attachment, levy of execution, or sequestration by order of any court, except for the benefit of the licensee. In the event that a licensee's license is revoked by the Commissioner, all sales proceeds then held in trust by agents of the licensee shall be deemed to have been assigned to the Commissioner.
Credits
Laws 1988, c. 216, § 13, eff. Nov. 1, 1988.
6 Okl. St. Ann. § 2123, OK ST T. 6 § 2123
Current with emergency effective legislation through Chapter 106 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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