Oklahoma Statutes
§ 6-1016 — Service charges not part of interest on loans.
Oklahoma·Title 6 Banks And Trust Companies
The charges or service fees made by the trust department of any bank having trust powers and of any trust company organized and existing under the laws of this state, for any services performed or under any powers granted to such company, under the laws of this state, shall not be considered any part of the interest charged on any loan and shall not be subject to the interest laws of the state.
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Oklahoma § 6-1016 (Service charges not part of interest on loans.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Laws 1965, c. 161, § 1016.
Nearby Sections
15
§ 6-1001
Powers of trust companies.§ 6-1009
Official's oath or affidavit.§ 6-101
Short title.§ 6-1010
Common trust funds.