Oklahoma Industrial Loan Company Branch Act of 2006 | Midpage

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Oklahoma Industrial Loan Company Branch Act of 2006

Oklahoma Industrial Loan Company Branch Act of 2006

510Short Title 511Definition 512Prohibited Acts - Promulgation of Rules 513Severability 601Closing on One Business Day Weekly in Addition to Holidays 602.1Detached Facility Hours of Operation 603Emergency Closing 702Liability of Fiduciaries Owning Stock 703Liability of Preferred Shareholders 705Transfer of Shares 706Stock as Personalty - Transfer on Books - Shareholders Indebted to Bank or Trust Company - Lending on Stock Prohibited 707Issuance of Preferred Stock - Reduction of Common Stock and Issuance of Preferred Stock - Preferred Stock as Capital 708Common Stock Dividend on Retirement of Preferred Stock 709Rights of Preferred Shareholders - Dividends - Voting and Conversion Rights 710Stockholders' Meetings of Banks and Trust Companies - Proxies - Cumulative Voting - Voting Trusts - Preemptive Right - Stock Book Available for Inspection 711Directors and Officers - Banks and Trust Companies 711.1Purchase of Transferred Employee's Residence 712Liability of Directors, Officers, and Other Persons - Overdrafts 712.1Indemnification 713Fidelity Bonds and Other Insurance 714Directors - Meetings and Duties - Commissioner Involvement 715Applicability of Business Corporation Act 801Reserves 802Limitations on Maximum Indebtedness to Bank - Exceptions 803Real Estate Loans 805Restrictions on Employing Money in Trade or Commerce - Investment in Stocks - Prevention of Loss upon Debts - Acquisition of Leased Personal Property 806Investments - Limitations - Underwriting 807Participation - Limitations - Purchase of Partial Loan 808Banks Prohibited From Making Political Contributions - Penalties 809Preference to Depositors or Creditors Through Pledge of Assets Prohibited - Penalties 901Deposits In Name of Two or More Persons - "Payable on Death" Accounts - Change in Designation of Beneficiary 902Deposit In Form of Trust for Another 903.1Minor Deposit Account 904Stockholder, Director, Officer or Employee of Bank as Notary Public - Administration of Oaths - Protests 905Adverse Claims to Deposits - Restraining Order or Injunction - Indemnity Bond 906Transfer of Funds or Contents of Safe Deposit Box to Known Heirs of Deceased - Valid and Sufficient Release and Discharge - Penalty for False Affidavits 907Sole Proprietorship Account 908Savings Promotion Raffle 909Powers of Authorized Signer - Form for Additional Powers