§6-2041. Power to make and purchase obligations representing insured loans and credit advances.
Banks, savings banks, trust companies, life insurance companies, fire insurance companies, mutual casualty insurance companies, and other insurance companies and investment companies, building and loan associations, trustees, guardians, executors, administrators, and other fiduciaries, the State of Oklahoma, and cities, villages, school districts, and other political subdivisions, and all other corporations, associations and persons, subject to […]
§6-2114. Investigation upon noncompliance with act.
When the Commissioner shall have reasonable cause to believe that the provisions of this act are not being complied with by any licensee the Commissioner shall investigate the business, including the books and records of any such licensee, and may require the licensee to furnish such additional reports relating to his said business as the […]
§6-2042. Investments by fiduciaries, political subdivisions, corporations, etc. – Investment of public funds.
(a) It shall be lawful for banks, savings banks, trust companies, life insurance companies, fire insurance companies, mutual casualty insurance companies, and other insurance companies and investment companies, building and loan associations, trustees, guardians, executors, administrators, and other fiduciaries, the State of Oklahoma and cities, villages, school districts, and other political subdivisions and all other […]
§6-2115. Conduct of business – Location – Agents – Conditions.
Each licensee may conduct his business at such locations within this state and through or by means of such employees, agents, subagents or representatives as he may from time to time designate and appoint, so long as the Commissioner has been notified timely of each location, appropriate licensing fees have been paid, and the bonding […]
§6-2043. Inconsistent laws inapplicable to loans or investments authorized.
No law of this state requiring security upon which loans or investments may be made, or prescribing the nature, amount or form of such security, or prescribing or limiting interest rates upon loans or investments, or prescribing or limiting the period for which loans or investments may be made, or in any other manner inconsistent […]
§6-2116. Revocation of license – Hearing – Grounds.
(a) The Commissioner may, upon ten (10) days’ notice to the licensee, stating the contemplated action and in general the grounds therefor, hold a hearing at which the licensee shall have a reasonable opportunity to be heard, for the purpose of determining whether a license should be revoked, for failure of the licensee to comply […]
§6-2101. Citation.
Sections 2101 through 2121 of this title and Sections 13 and 14 of this act shall be known and may be cited as the “Sale of Checks Act”. Added by Laws 1961, p. 426, § 1. Amended by Laws 1988, c. 216, § 1, eff. Nov. 1, 1988.
§6-2117. Power of subpoena – Designation of hearing officer.
(a) For the purposes of this act, the Commissioner or the hearing officer as hereinafter provided has power to require by subpoena the attendance and testimony of witnesses, and the production of all documentary evidence relating to any matter under hearing pursuant to this act, and shall issue such subpoenas at the request of an […]
§6-2018. Voluntary dissolution.
A credit union may elect to dissolve voluntarily and liquidate its affairs. The process of voluntary dissolution shall be as follows: (A) The board of directors shall adopt a resolution recommending the credit union be dissolved voluntarily, and directing that the question of dissolution be submitted to the members. For a credit union to enter […]
§6-2102. Definitions.
Unless the context otherwise requires: 1. “Commissioner” means the State Bank Commissioner; 2. “Check” means any check, draft, money order, stored value instrument or card, or other written instrument for the transmission or payment of money or credit, except that it does not mean money or currency of any nation, or instruments commonly known as […]