Oklahoma Statutes

§ 6-1721 — Out-of-state institutions prohibited from acting as

Oklahoma·Title 6 Banks And Trust Companies

fiduciaries - Engaging in trust business at representative trust office permitted.

A.An out-of-state trust institution may not act as a fiduciary, but may otherwise engage in a trust business, at a representative trust office as permitted by this section and Section 22 of this act.
B.Subject to the requirements contained in this section and Section 22 of this act, an out-of-state trust institution may establish and maintain representative trust offices anywhere in this state.

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Legislative History

Added by Laws 1998, c. 104, § 21, eff. Nov. 1, 1998.

Nearby Sections

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