§6-2025. Share or deposit account payable on death – Application.
A. Share and deposit account proceeds that are payable to a beneficiary upon the death of the account owner shall be offered pursuant to the following provisions: 1. When shares are owned or a deposit has been made or shall hereafter be made in any credit union using the terms “Payable on Death” or “P.O.D.”, […]
§6-2111. Semi-annual reports.
Unless a licensee shall have on file in the office of the Commissioner a bond in the maximum amount required under Section 2108 of this title, or shall have deposited securities equal to such amount as provided in subsection (b) of Section 2109 of this title, such licensee shall on or before the first day […]
§6-2026. Trust shares.
Shares or deposits may be held in the name of a member in trust for a beneficiary, or in the name of a nonmember in trust for a beneficiary who is a member. Payment of all or part of such trust funds to the person in whose name the shares or deposits are held shall, […]
§6-2112. Books, accounts and records – Current financial statements.
Each licensee shall keep such books, accounts and records as will enable the Commissioner to determine the proper amount of the bond and license fee to be required of such licensee. Each licensee who does not maintain in force a bond in the maximum amount required by Section 2108 of this title or keep on […]
§6-2027. Certain records designated as public records – Confidential records – Disclosure of confidential information.
(A) The following records of the State Credit Union Board, the Bank Commissioner, Administrator and State Banking Department are designated as public records: (1) All applications for credit union charters and supporting information with the exception of personal financial records of individual applicants; (2) All records introduced at public hearings on credit union charter applications; […]
§6-2113. Examination of books and records – Audits.
A. The State Banking Commissioner may examine the books and records of each licensee as often as the Commissioner deems advisable for the purpose of determining the amount of the bond to be filed and the amount of the license fee to be paid by such licensee and to determine whether the licensee is in […]
§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 […]