Okla. Stat. tit. 6, § 211 – Fees for Examination of Banks or Trust Companies - Disposition of Fees

A.
1. 1. The Banking Board shall charge and collect from each bank or trust company under its supervision not more than an annual fee of One Thousand Dollars ($1,000.00) which shall be deposited in the Oklahoma State Banking Department revolving fund pursuant to Section 211.1 of this title.
2. 2. The Board shall charge and collect assessments from each bank or trust company under its supervision on each One Thousand Dollars ($1,000.00) of assets, or major fraction thereof, at rates established by the Board. Assessments shall be deposited in the Oklahoma State Banking Department revolving fund created by Section 211.1 of this title.
3. 3. Effective January 1, 2005, and each year thereafter, twenty percent (20%) of all assessments collected pursuant to this paragraph shall be deposited to the General Revenue Fund of the State Treasury. The Board may charge and collect assessments on an annual basis and may, in addition to any annual assessment, charge and collect a special assessment from each bank or trust company, at rates established by the Board. The annual assessments shall be paid to the Oklahoma State Banking Department no later than the fifth day of February in each year. As used in this paragraph, "assets" shall not include assets held by a trust company in its fiduciary capacity.
4. 4. The fee for bank trust departments, which shall be in addition to the assessment collected pursuant to paragraph 2 of this subsection, shall be One Thousand Dollars ($1,000.00). The fees due under this paragraph shall be paid annually to the Banking Department no later than the fifth day of February in each year and shall be deposited in the Oklahoma State Banking Department revolving fund pursuant to Section 211.1 of this title. Failure to pay within such time will result in a penalty of Fifty Dollars ($50.00) per day for each day it is in violation of this section, which penalty, together with the amount due under the foregoing provisions of this section, may be recovered in a civil action in the name of the state.
5. 5. All fees not otherwise directed shall be deposited in the Department revolving fund pursuant to Section 211.1 of this title.
B. Whenever it is deemed advisable by the State Banking Commissioner, special examinations of banks, trust companies and any other person under, subject to or proposed to become under or subject to the supervision of the Commissioner shall be conducted. The expenses of the Department necessarily incurred in a special examination, and the expenses of the Department necessarily incurred in a regular examination of a trust company, shall be chargeable to the bank, trust company or person examined at the rate not to exceed Fifty Dollars ($50.00) per hour plus travel expenses as provided by subsection B of Section 201.1 of this title for each of the examining personnel while engaged at such institution. Payments received pursuant to this subsection shall be deposited in the Department revolving fund pursuant to Section 211.1 of this title.
C. Section 211 of Title 62 of the Oklahoma Statutes shall not apply to the Oklahoma State Banking Department, the Banking Board, the Credit Union Board nor the Banking Commissioner.
Historical Data Added by Laws 1965, SB 1, c. 161, § 211; Amended by Laws 1970, HB 1648, c. 321, § 3; Amended by Laws 1971, SB 304, c. 352, § 4; Amended by Laws 1975, SB 159, c. 109, § 3, emerg. eff. May 7, 1975; Amended by Laws 1977, HB 1311, c. 208, § 3, emerg. eff. June 14, 1977; Amended by Laws 1979, SB 254, c. 173, § 2; Amended by Laws 1984, HB 1522, c. 236, § 4, emerg. eff. July 1, 1984; Amended by Laws 1986, HB 1619, c. 216, § 5, emerg. eff. July 1, 1986; Amended by Laws 1987, SB 61, c. 208, § 14, eff. July 1, 1987; Amended by Laws 1987, HB 1473, c. 236, § 53, emerg. eff. July 20, 1987; Amended by Laws 1988, SB 501, c. 166, § 2, emerg. eff. May 24, 1988; Amended by Laws 1990, HB 2321, c. 260, § 11, emerg. eff. July 1, 1990; Amended by Laws 1990, HB 2289, c. 277, § 1, emerg. eff. July 1, 1990; Amended by Laws 1991, SB 133, c. 275, § 4, emerg. eff. July 1, 1991; Amended by Laws 1993, SB 31, c. 183, § 4, emerg. eff. July 1, 1993; Amended by Laws 1995, HB 1454, c. 36, § 6, emerg. eff. July 1, 1995; Amended by Laws 1997, HB 2173, c. 111, § 12, emerg. eff. July 1, 1997 (superseded document available); Amended by Laws 2000, HB 2676, c. 205, § 8, emerg. eff. May 17, 2000 (superseded document available); Amended by Laws 2003, HB 1202, c. 356, § 4, emerg. eff. June 3, 2003 (superseded document available).