§ 381.86. Injunctions--Enforcement of orders
Oklahoma Statutes AnnotatedTitle 18. Corporations
18 Okl.St.Ann. § 381.86
§ 381.86. Injunctions--Enforcement of orders
A. Whenever a violation of this act1 by an association or any officer, director or employee thereof is threatened or impending and will cause substantial injury to the institution or to the depositors, creditors, or stockholders thereof, the district court of the county in which the association is located shall, upon the suit of the State Banking Commissioner, issue an injunction restraining such violation.
B. Whenever any corporation, not authorized to carry on association business under this act, shall falsely act as an association, or shall use an artificial or corporate name implying it is a trust company, the district court of the county in which lawful service is obtained shall, upon suit of the Commissioner, issue an injunction restraining such act.
Credits
Laws 2000, c. 81, § 87, eff. Nov. 1, 2000.
Footnotes
Title 18, § 381.1 et seq.
18 Okl. St. Ann. § 381.86, OK ST T. 18 § 381.86
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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