At any time hereafter when ten or more individuals, residents of this state, desire to form a mutual association, or one or more individuals, residents of this state, desire to form a stock association under the provisions of this act, such persons, hereinafter referred to as the incorporators, shall file with the Commissioner the following:

1. 1. Four copies of the certificate of incorporation, signed and acknowledged by all of the incorporators and addressed to the Secretary of State.
2. 2. Four copies of an application for a certificate of authority to transact business as a savings and loan association, addressed to the Commissioner.
3. 3. Four copies of the suggested bylaws for the proposed association.
4. 4. A remittance of Two Hundred Dollars ($200.00) payable to the Secretary of State of Oklahoma, as the incorporation fee in lieu of the fees prescribed by paragraph 9 of subsection A of Section 1142 of this title, which shall not be applicable to an association.
5. 5. A deposit of Two Thousand Dollars ($2,000.00) payable to the Commissioner to be used for the purpose of defraying expenses of an investigation and report of the feasibility of the proposed association and other expenses incidental to the consideration of the application.

Laws 1970, HB 1543, c. 101, § 16, emerg. eff. June 1, 1970; Amended by Laws 1975, HB 1247, c. 236, § 3, emerg. eff. May 30, 1975; Amended by Laws 1984, HB 1489, c. 229, § 7, emerg. eff. July 1, 1984; Amended by Laws 1988, HB 1743, c. 65, § 9, emerg. eff. March 25, 1988; Laws 1990, HB 2278, c. 118, § 3, emerg. eff. April 23, 1990; Amended by Laws 1993, SB 31, c. 183, § 38, emerg. eff. July 1, 1993.