Oklahoma § 6-1705 Companies authorized to act as fiduciary.

Oklahoma Statutes

§ 6-1705 — Companies authorized to act as fiduciary.

Oklahoma § 6-1705

Title 6Banks And Trust Companies

This text of Oklahoma § 6-1705 (Companies authorized to act as fiduciary.) 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, § 6-1705 (2026).

Text

A.No company shall act as a fiduciary in this state except: 1. A state trust company; 2. A state bank; 3. A savings association organized under the laws of this state and authorized to act as a fiduciary pursuant to state law; 4. A national bank having its principal office in this state and authorized by the Comptroller of the Currency to act as a fiduciary pursuant to 12 U.S.C., Section 92a; 5. A federally chartered savings association having its principal office in this state and authorized by its federal chartering authority to act as a fiduciary; 6. An out-of-state bank with a branch in this state established or maintained pursuant to the laws of this state or a trust office licensed by the Commissioner pursuant to this act; 7. An out-of-state trust company with a trust office license

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A. No company shall act as a fiduciary in this state except: 1. A state trust company; 2. A state bank; 3. A savings association organized under the laws of this state and authorized to act as a fiduciary pursuant to state law; 4. A national bank having its principal office in this state and authorized by the Comptroller of the Currency to act as a fiduciary pursuant to 12 U.S.C., Section 92a; 5. A federally chartered savings association having its principal office in this state and authorized by its federal chartering authority to act as a fiduciary; 6. An out-of-state bank with a branch in this state established or maintained pursuant to the laws of this state or a trust office licensed by the Commissioner pursuant to this act; 7. An out-of-state trust company with a trust office licensed by the Commissioner pursuant to this act; or 8. A foreign bank with a trust office licensed by the Commissioner pursuant to this act. B. No company shall engage in an unauthorized trust activity.