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Oklahoma Savings and Loan Code

Oklahoma Savings and Loan Code

381.1Short Title 381.2Definitions 381.17Certificate of Incorporation - Contents 381.2aConstruction of Terms-Federal Savings and Loan Insurance Corporation or FSLIC 381.3Conformity of Existing Associations 381.4Existing Capital Accounts 381.5Oklahoma Savings and Loan Board 381.6aCertain Records of Oklahoma State Banking Department Designated as Public Records - Confidential Records 381.7aAssociation Examinations - Reports - Penalties 381.8aDocument Preservation - Electronic Images 381.10Certificate of Authority 381.11Supervision by the Commissioner 381.13Savings and Loan Administrator 381.14Limitation of Liability 381.15Examinations and Annual Fees 381.16Filing Requirements for a New Association 381.18Application and Supporting Data 381.19Orders Granting or Denying Application for Certificate of Authority 381.20Required Savings Capital 381.21Corporate Existence - Organization Meeting 381.22Corporate Name 381.23Exclusiveness of Name 381.24Office Locations and Change of Name 381.24aEstablishment of Branches - Required Distances - Deposit Limitation - Certificate 381.24bOperation of Detached Facilities - Certificate and Application - Making Loans Prohibited - Violation 381.24cMilitary Savings Facility - Letter of Approval - Certificate - Application - Functions - Violations 381.24dConsumer Banking Electronic Facilities - Written Notice - Operation - Federal Savings Associations 381.24eOperations Centers 381.24fConsumer Banking Electronic Facilities - Written Notice - Operation - Federal Savings Associations 381.24gAssociation Subsidiary as Agent 381.25Amended Certificate of Incorporation 381.26Bylaws 381.27Membership and Voting Rights 381.43Accounts of Administrators, Executors, Guardians, Trustees or Other Fiduciaries 381.28Members' Meetings 381.29Voting by Proxy 381.30Quorum 381.31Directors 381.31aExamination of Association 381.32Officers 381.33Indemnification of Directors, Officers, and Employees 381.34Fidelity Bonds 381.36Reserves and Liquidity 381.37Savings Accounts - Capital 381.38Classification of Deposit Accounts 381.39aPayable on Death (P.O.D.) Accounts - Joint Accounts 381.40aTotten Trusts 381.41aMinor's Deposit Account 381.42Accounts of Incompetents 381.44Accounts of Deceased Nonresidents 381.45Power of Attorney - Revocation 381.55Real Property 381.46Right to Withdraw 381.47Notice and Payment of Withdrawals 381.48aNo Payable on Death Beneficiary - Transfer by Affidavit 381.49Earnings on Deposit Accounts 381.50Requirements to Become Deposit-Type Association or Stock Association 381.51Deposits Authorized 381.52aAdditional Powers and Authorities of Associations - Special or Fiduciary Duties 381.52bTypes of Deposit Accounts 381.53aPermanent Capital Stock - Redemption - Paid-in Surplus - Dividends - Purchase of Stock - Capital Requirements 381.53bImpairment of Permanent Capital Stock - Notice - Appraisals - Assessments 381.53cFailure to Pay Assessment - Neglect or Refusal - Sale of Stock - Payment of Assessment 381.53dProceeds From Assessment - Disposition 381.53eApplication for Permit to Sell Stock - Issuance of Permit - Conditions - Amendment, Alteration, or Revocation 381.53fInsurance 381.54General Powers 381.56Investment in Securities 381.57Loans 381.58Loan Rates of Interest 381.59Conversion into Federal Association 381.60Conversion into State-Chartered Association 381.61Merger or Consolidation 381.62Voluntary Liquidation 381.63aSale of Association's Assets - Approval of Purchase Agreement - Assumption of Deposit or Share Account or Certificate of Deposit - Transfer of Fiduciary Position 381.64Authorized Foreign Associations 381.65Activities of Unauthorized Associations 381.66Federal Associations 381.66aConversion to National Banking Association or Oklahoma-Chartered Bank - Vote on Directors - Conversion Plan - Reserves 381.66bConversion into Stock Association - Directors - Plan - Certificate of Authority - Nonconforming Assets 381.66cMerger of National Banking Associations or Oklahoma-Chartered Banks into Stock Association 381.66dMerger of Stock Association into National Banking Association