Oklahoma Const. art. IX, § 41

Oklahoma Constitution

Article IX, § 41 — Banks and trust companies - Restriction on controlling other stock

This text of Oklahoma Const. art. IX, § 41 (Banks and trust companies - Restriction on controlling other stock) is published on Counsel Stack Legal Research, covering Oklahoma primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

JurisdictionOklahoma DocumentConstitution

ArticleIX

Section§ 41

CitationOklahoma Const. art. IX, § 41

Bluebook

Okla. Const. art. IX, § 41.

Full Text

No trust company, or bank or banking company shall own, hold, or control, in any manner whatever, the stock of any other trust company or bank or banking company, except such stock as may be pledged in good faith to secure bona fide indebtedness, acquired upon foreclosure, execution sale, or otherwise for the satisfaction of debt; and such stock shall be disposed of in the time and manner hereinbefore provided.

Add this to your briefcase to access full text.

No trust company, or bank or banking company shall own, hold, or control, in any manner whatever, the stock of any other trust company or bank or banking company, except such stock as may be pledged in good faith to secure bona fide indebtedness, acquired upon foreclosure, execution sale, or otherwise for the satisfaction of debt; and such stock shall be disposed of in the time and manner hereinbefore provided.

History

Amended by State Question No. 458, Legislative Referendum No. 171, adopted at election held on Sept. 17, 1968.

Cite This Page — Counsel Stack

Bluebook (online)

Oklahoma Const. art. IX, § 41, Counsel Stack Legal Research, https://law.counselstack.com/constitution/ok/IX/41.