§6-2001.1. Oklahoma State Credit Union Board – Creation.
A. There is hereby created the Oklahoma State Credit Union Board, which shall consist of five (5) members appointed by the Governor. The State Bank Commissioner shall be one of the members, and he shall preside as Chairman of the State Credit Union Board. One of the other four members shall be a member of […]
§6-2015. Partial invalidity – Right of alteration, amendment or repeal.
(A) If any provision of this act, or the application thereof to any person or circumstance, is held invalid, the remainder of the act, and the application of such provisions to other persons or circumstances, shall not be affected thereby. (B) The right to alter, amend, or repeal this act or any part thereof, or […]
§6-2001.2. Powers of Board – Administrator – Powers and duties – Failure to comply with Commissioner’s orders or requirements.
A. In addition to any other powers conferred by law, the State Credit Union Board shall have the power to: 1. Regulate its own procedures and practice, except as may be hereafter provided by law; 2. Define any term not defined in Oklahoma Laws relating to credit unions; 3. Adopt and promulgate reasonable and uniform […]
§6-2016. Credit unions composed of public employees, retirees and family members – Space in public buildings.
Credit unions composed exclusively of state, county, city and school district employees and retirees and members of their families may be allotted space in public buildings as space is available, without charge for rent or services. Added by Laws 1941, p. 16, § 16, emerg. eff. June 4, 1941. Amended by Laws 2005, c. 209, […]
§6-2001.3. Meetings of Board – Quorum.
The State Credit Union Board may meet as often as necessary to carry out its duties, but it shall not fail to meet at least once in any calendar year. The Bank Commissioner may call additional meetings of the State Credit Union Board upon at least twenty-four (24) hours’ notice and shall do so upon […]
§6-2017. Fiscal agency for state.
Each credit union organized under this act when requested by the Treasurer of the State of Oklahoma, shall act as fiscal agent of the State of Oklahoma, and shall perform such services as the Treasurer may require in connection with the collection of taxes and other obligations of the State of Oklahoma and the lending, […]
§6-2001.4. Civil liability of State Credit Union Board members.
No member of the State Credit Union Board shall be liable in any civil action for damages for any act done or omitted in good faith in performing the functions of his office. Added by Laws 1983, c. 32, § 1, emerg. eff. April 20, 1983.
§6-2002. Necessity of certificate – Application for certificate – Organization certificate and bylaws.
(A) No credit union organized under the laws of this state or any other state shall be permitted to engage in business except on certificate issued by the Bank Commissioner upon authority of the State Credit Union Board. (B) The request to establish a credit union under the laws of this state shall be set […]
§6-2003. Investigation and report by Bank Commissioner – Certificate of approval – Certificate of incorporation.
After receipt of an application such as referred to in Section 2002 of this title, the Bank Commissioner shall cause an appropriate investigation to be made for the purpose of determining whether the application, the certificate of incorporation and the bylaws conform to the provisions of the laws of the State of Oklahoma. If the […]
§6-2004.1. Out-of-state credit union – Requirements to conduct business in state – Revocation of approval – Cancellation of certificate.
(A) A credit union not organized under the laws of this state or of the United States may conduct business as a credit union in this state only with the approval of the State Credit Union Board and upon receiving a certificate from the Secretary of State in compliance with Section 1130 of Title 18 […]