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

Oklahoma Statutes

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

Oklahoma § 6-1416

Title 6Banks And Trust Companies

This text of Oklahoma § 6-1416 (Prohibitions relating to control of banks - Remedies.) 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.

Bluebook

Okla. Stat. tit. 6, § 6-1416 (2026).

Text

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.