Oklahoma § 6-1416 Prohibitions relating to control of banks - Remedies.

Oklahoma Statutes

§ 6-1416 — Prohibitions relating to control of banks - Remedies.

Oklahoma·Title 6 Banks And Trust Companies

A.No bank holding company shall control a bank unless the bank is one such as is defined in Section 2(c) of the federal Bank Holding Company Act of 1956, as amended.

B.No company that is not a bank holding company shall control a bank.

C.In addition to other remedies provided for by law, the Commissioner may enforce the provisions of this section by: 1. Injunction; or 2. Cease and desist order; or 3. Fine.

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A. No bank holding company shall control a bank unless the bank is one such as is defined in Section 2(c) of the federal Bank Holding Company Act of 1956, as amended. B. No company that is not a bank holding company shall control a bank. C. In addition to other remedies provided for by law, the Commissioner may enforce the provisions of this section by: 1. Injunction; or 2. Cease and desist order; or 3. Fine.

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