Oklahoma Statutes
§ 6-511 — Industrial loan company - Industrial bank - Definition.
Oklahoma·Title 6 Banks And Trust Companies
As used in this act, an “industrial loan company” or “industrial bank” means a company that is chartered by another state to make consumer loans or commercial loans or to accept deposits insured by the Federal Deposit Insurance Corporation but not to accept demand deposits and that is not subject to the Bank Holding Company Act of 1987 or to supervision by the Federal Reserve System.
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Oklahoma § 6-511 (Industrial loan company - Industrial bank - Definition.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Laws 2006, c. 235, § 2, emerg. eff. June 6, 2006.
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.