Oklahoma Statutes
Title 6. Banks and Trust Companies
§6-3010. Definition - Form - Fees - Rules.

A. As used in this section, "statutory support trust" means a model trust to be used by a bank or trust company for the purpose of receiving money donated by any person as a public service to assist the beneficiary of the trust or account in the payment of medical, financial, educational, humanitarian or other similar needs.

B. A statutory support trust may be substantially in the following form:
DECLARATION OF TRUST
CREATING THE
(NAME OF BENEFICIARY) SUPPORT TRUST
Whereas, (name of beneficiary) of ___________________, Oklahoma, hereinafter referred to as "Primary Beneficiary", is in need of financial assistance, as a result of the following circumstances, to-wit: ________
hereinafter referred to as the "Condition of Need"; and
Whereas, (name of Grantor), of _________, Oklahoma, hereinafter referred to as "Grantor", is desirous of providing assistance to Primary Beneficiary, primarily to help with expenses incurred in connection with the Condition of Need, but also to provide generally for the welfare and security of Primary Beneficiary; and
Whereas, Grantor is the owner of certain property which Grantor desires at this time to set apart for the use and benefit of Primary Beneficiary and for the future use and benefit of the other beneficiaries provided for herein;
Now, therefore, Grantor does irrevocably convey, assign, transfer and deliver to the Trustee hereinafter named the property described in Schedule A attached hereto to have and to hold such property and any other property which the Trustee may hereafter at any time hold or acquire hereunder (all of which property is hereinafter referred to collectively as the "Trust estate") in trust nevertheless, for the following uses and purposes and subject to the terms and conditions hereinafter set forth.
SECTION I
Appointment of Trustee
1. Grantor hereby appoints (name of trustee), of ____________,
Oklahoma, as Trustee of this Trust.
2. The Trustee may, by written instrument, signed and acknowledged, resign from office without leave of court at any time and for any reason, and appoint a successor Trustee to act in the place and stead of the Trustee. Should the Trustee fail to appoint a successor Trustee, Grantor may, by appropriate instrument in writing, appoint a successor Trustee. In no event may Grantor be appointed to act as Trustee.
3. Any successor Trustee shall, upon the acceptance of the office by written instrument signed and acknowledged by the Trustee, have the same powers, rights and duties, and the same title to the Trust estate as did the Trustee's predecessor as Trustee.
4. No Trustee shall be required to furnish any bond or surety. No Trustee shall be responsible or liable for the acts or omissions of any predecessor Trustee or of a custodian, agent, depositary or counsel selected with reasonable care.
5. As used herein, the term "Trustee" shall include not only the original Trustee but also any successor Trustee.
6. In the case of any Trustee which is a bank, trust company or association authorized to exercise general trust powers, references to such entity shall include its successor or successors or any bank, trust company or association with which it or its successors may become merged or consolidated.
7. The Trustee shall have the power and authority with respect to the Trust estate, shall be charged with the duties and obligations, and shall be subject to the limitations and restrictions hereinafter set forth.
SECTION II
General Provisions Relating to Trust
1. With respect to the management of the Trust, the character of and the manner of making investments and reinvestments of Trust funds, the sale, conveyance or transfer of Trust property and the powers and duties of the Trustee, the provisions of the Oklahoma Trust Act now in force and the provisions of investments by Trustees, Sections 161 through 163 of Title 60 of the Oklahoma Statutes, shall govern except as they may be modified or limited by the provisions of this Trust. Repeal or amendment of the statutes shall not change the powers and duties of the Trustee hereunder, but the provisions of such statutes existing on the date this Trust is executed, except as herein modified or limited, shall continue in effect with respect to all property which may come into the hands of the Trustee, whether such property has a situs within or without the State of Oklahoma.
2. Except as provided in paragraph 2 of Section IV hereof, each beneficiary is hereby prohibited from anticipating, encumbering, assigning or in any other manner disposing of the interest of the beneficiary in either principal or income and is without power so to do; nor shall such interest be subject to the liabilities or obligations of the beneficiary, nor to attachment, execution or other legal process, bankruptcy proceedings or claims of creditors or others.
3. The Trustee shall keep books of account showing all transactions relating to the Trust estate, and shall also in each year furnish to each beneficiary currently receiving distributions therefrom, or to any attorney-in-fact acting on the behalf of the beneficiary, or to the guardian of the beneficiary if a guardian has been appointed, a statement showing how the Trust estate is invested and all transactions relating thereto subsequent to the last preceding account rendered.
4. Whenever distribution of income or principal is to be made under the terms of this Trust to a minor or other person under a legal disability of any nature, the Trustee, in the Trustee's sole discretion, may make such distributions to others for the benefit of such minor or such legally disabled person without the intervention of a guardian.
5. The powers, duties and responsibilities herein set out shall not be deemed to exclude other implied powers, duties or responsibilities not inconsistent therewith.
6. The compensation of the Trustee for services rendered to the Trust shall be reasonable and commensurate with the compensation for like services ordinarily and customarily paid in the community where the service is rendered.
7. The Trustee shall have all of the foregoing powers and duties during the term of this Trust and thereafter until final distribution of the Trust.
SECTION III
Additions to Trust Estate
Grantor or other persons from time to time by inter vivos or testamentary transfers may add property to the Trust estate. The receipt of the Trustee for such property shall constitute acceptance thereof by the Trustee.
SECTION IV
Provisions Relating to
Distributions of Income and Principal
1. During the term of this Trust the Trustee shall pay to or for the benefit of Primary Beneficiary so much or all of the income and principal of the Trust as the Trustee determines, in the Trustee's sole discretion, to be necessary or advisable for the health, maintenance, support, education and welfare of Primary Beneficiary, after giving primary consideration to Primary Beneficiary's Condition of Need and after consulting with Primary Beneficiary and any one or more of the following members of Primary Beneficiary's family or community, to-wit:
___________________; ______________________; and
______________________. The Trustee shall have no liability or responsibility, either to Grantor or any other donor to this Trust, or to Primary Beneficiary, for relying on information provided by Primary Beneficiary or any such consultants, nor shall the Trustee be under any duty to see to the proper application of any funds distributed to, or pursuant to any instructions of, Primary Beneficiary or any of such consultants.
2. Upon the death of Primary Beneficiary, or the determination by the Trustee in the Trustee's sole discretion that Primary Beneficiary's Condition of Need no longer exists, whichever first occurs, this Trust shall terminate and all remaining assets of the Trust shall be distributed as follows:
[or]
3. Whenever any distribution under subsection 2 of this Section IV is required to be made to a beneficiary under the age of twenty-one years, the interest so required to be distributed shall be indefeasibly vested in the beneficiary, but the Trustee may, in the Trustee's sole discretion, retain the assets so distributable until the beneficiary attains age twenty-one or dies, whichever first occurs, and the Trustee may pay the income and principal to the beneficiary in such amounts and from time to time as the Trustee may determine. Upon the beneficiary's attaining the age of twenty-one, the Trustee shall deliver the then remaining principal and undistributed income to the beneficiary. If the beneficiary dies prior to attaining such age, then, on the date of the death of the beneficiary, the Trustee shall deliver the then remaining principal and undistributed income to the estate of the beneficiary. In the alternative, the Trustee may, in the Trustee's sole discretion, transfer such assets to a Custodian for the beneficiary under the Oklahoma Uniform Transfers to Minors Act and specify that the Custodian shall transfer the property to the beneficiary when the beneficiary reaches the age of twenty-one years.
4. As used herein the term "charitable purposes" shall be limited to and shall include religious, charitable, scientific, literary, educational or exclusively public purposes within the meaning of those terms as used in Section 501(c)(3) and Section 170(c)(1) of the Internal Revenue Code, but only such purposes as also constitute public charitable purposes under the law of the State of Oklahoma.
SECTION V
Miscellaneous Provisions
1. Grantor declares that Grantor has been fully advised as to the legal effects of the execution of this instrument and informed as to the character and amount of the property hereby conveyed and further that Grantor has given consideration to the question of whether the Trust herein created shall be revocable or irrevocable, and Grantor now declares that it shall be wholly and completely irrevocable and that Grantor shall not have any right, capacity or power at any time to revoke, terminate, alter or amend any of the provisions hereof.
2. This Declaration of Trust and all of its provisions shall be construed and administered in accordance with the laws of the State of Oklahoma.
3. This Declaration of Trust shall be binding upon the executors, administrators and assigns of Grantor, and the beneficiaries named herein and upon the successors to the Trustee.
4. This Declaration of Trust shall be known as the "[name of beneficiary] SUPPORT TRUST."
IN WITNESS WHEREOF, Grantor has hereunto subscribed Grantor's name this ____ day of _____, 199_.
STATE OF OKLAHOMA )
) SS.
COUNTY OF ________ )
BEFORE ME, the undersigned, a Notary Public in and for said County and State, on this ____ day of ________, 199_, personally appeared [name of Grantor], to me known to be the identical person who executed the within and foregoing instrument, and acknowledged to me that he or she executed the same as his or her free and voluntary act and deed for the uses and purposes therein set forth.
WITNESS my hand and official seal the day and year last above written.
My commission expires:
______________________
[SEAL]
ACCEPTANCE OF TRUSTEE
[name of trustee], the Trustee named in the above and foregoing Declaration of Trust, hereby accepts the same, acknowledges receipt of the property described in Schedule A to said Declaration of Trust, and agrees to act under the terms and provisions thereof.
DATED this ____ day of ________, 199_.
SCHEDULE A
TO
DECLARATION OF TRUST
CREATING THE [NAME OF BENEFICIARY] SUPPORT TRUST
$_______Cash
C. A bank or trust company may charge a reasonable and customary fee for establishing and managing a statutory support trust and this fee shall be disclosed in writing prior to the trust or account being established.
D. The State Banking Department shall promulgate any necessary rules to implement the provisions of this section.
Added by Laws 1995, c. 63, § 1, eff. Nov. 1, 1995.

Structure Oklahoma Statutes

Oklahoma Statutes

Title 6. Banks and Trust Companies

§6-101. Short title.

§6-102. Definitions.

§6-104. Effect on existing banks and trust companies - Registration of bank or trust-related activities.

§6-201. Establishment - Officers and employees.

§6-201.1. Compensation of Commissioner.

§6-202. Board membership and meetings.

§6-203. Powers of Board.

§6-204. Powers of Commissioner – Review of orders.

§6-205. Access of Commissioner and Board to records of Department.

§6-206. Power to subpoena witnesses - Declaratory order - Good faith as a defense.

§6-207. Judicial review of orders of the Board or Commissioner.

§6-208. Records of Department - Public inspection – Confidentiality – Electronic storage.

§6-208.1. Availability of personnel data – Confidentiality - Definitions.

§6-209. Bank and trust companies - Examinations and reports.

§6-210. Removal of officer, director or employee of bank or trust company by Commissioner.

§6-211. Fees and assessments.

§6-211.1. Revolving fund - Creation.

§6-212. Commissioner's annual report.

§6-213. Interests of department officers or employees in banks or trust companies.

§6-214. Bank and trust company records - Preservation - Reproduction.

§6-215. Limitation of liability.

§6-216. Standards in regulations, orders and rules.

§6-218. Transfer of stock or controlling interest - Notice to and approval by Commissioner.

§6-219. Changes in chief executive officer and directors.

§6-220. Impairment of capital - Assessments - Limitations.

§6-301. Certificate of authority.

§6-303. Incorporators - Fee.

§6-303.1. Capital structure - Preferred stock.

§6-304. Expenses of organization.

§6-305. Application for authority to engage in banking or trust company business - Contents - Oath - Proposed certificate of incorporation.

§6-306.1. Commissioner – Certificate of authority – Recommendation of action.

§6-306.2. Acceptance of application for filing - Notice.

§6-307.1. Objectives of Commissioner and Banking Board - Comments or objections.

§6-308. Hearing before Commissioner.

§6-309. Public charter application file - Contents - Availability - Findings and conclusions - Objections.

§6-310. Board hearing on application - Condition - Approval - Notice.

§6-311. Appeal of Board's decision.

§6-311.1. Existing certificate of incorporation for which no certificate of authority is outstanding.

§6-312. Issuance of certificate of incorporation - Shareholders meeting – Filing of verified application for certificate - Contents.

§6-313. Return of defective application or documents - Approval or denial of application - Issuance of certificate of authority - Revocation of powers and cancellation of certificate of incorporation.

§6-401. Organization of new bank or trust company.

§6-402. Powers of banks and trust companies.

§6-402.1. Chartering of banker's bank.

§6-403.1. Membership in Federal Reserve System.

§6-404. Federal Deposit Insurance Corporation Act - Acts permitted for compliance therewith.

§6-405. Increase or decrease of capital stock - Procedure - Reduction of capital stock - Surrender of certificate.

§6-405.1. Authorized but unissued stock.

§6-405.2. Employee stock option and stock purchase plans.

§6-406. Amendments - Change of name - Change in location - Change in number and par value of shares - Bank's abandonment of trust powers - Right of dissent.

§6-407. Amendment - Trust powers.

§6-408. Amendment of existing articles of incorporation with certificate of incorporation.

§6-409. Dividends.

§6-410. Capital debentures - Rediscounting notes to Federal Reserve.

§6-411. Pledge of assets - Banks.

§6-412. Signature guaranty.

§6-414. Acquisition of real estate - Term held - Equipment, furniture and fixtures - Leases of real estate and equipment - Investment and loans to corporations holding premises - Conveyance of real estate.

§6-415. Drive-in or walk-up facilities.

§6-416. Bank service corporations.

§6-421. Military banking facilities.

§6-422. Consumer banking electronic facilities.

§6-423. Operations centers.

§6-424. Origination of loans at locations other than main office or branch office – Out-of-state banks – Loan and deposit production offices.

§6-425. Fiduciary relationships.

§6-426. Agency relationships between subsidiary banks.

§6-427. Bank or trust institution serving as trustee of certain bond issues - Representative trust office.

§6-501.1. Interstate mergers and acquisitions – De novo branches – Interstate reciprocity – Establishment and acquisition of branch banks.

§6-501.2. Certificate to establish and operate a branch or relocate a branch – Application – Existing branches and detached facilities – Temporary branches – Deposit limitations – Construction with Title 6, Sections 421 and 422.

§6-502. Bank holding companies.

§6-502.1. Interim state banks - Application - Prefiling meeting - Acceptance of application - Merger or consolidation.

§6-503. Trust companies - Branch offices.

§6-506. Out-of-state bank holding companies - Acquisitions.

§6-510. Short title.

§6-511. Industrial loan company - Industrial bank - Definition.

§6-512. Out-of-state companies or banks - Reciprocity requirement - Certificate for establishment or relocation of branch.

§6-513. Severability.

§6-601. Business days and hours.

§6-602.1. Detached facilities, branch offices, deposit production offices and loan production offices - Business days and hours.

§6-603. Emergency closing.

§6-702. Liability of fiduciaries owning stock.

§6-703. Liability of preferred shareholders.

§6-705. Transfer of shares - Law governing.

§6-706. Stock as personalty - Transfer on books - Shareholders indebted to bank or trust company - Lending on stock prohibited - Purchase of treasury stock.

§6-707. Issuance of preferred stock - Classes - Procedure - Reduction of common stock and issuance of preferred stock - One meeting - Preferred stock as capital.

§6-708. Common stock dividend on retirement of preferred stock.

§6-709. Rights of preferred shareholders - Dividends - Voting and conversion rights.

§6-710. Stockholders' meetings - Cumulative voting - Proxies - Voting trusts - Preemptive rights - Examination of stockbook.

§6-711. Directors and officers - Banks and trust companies.

§6-711.1. Transferred employees - Purchase of former residence by bank.

§6-712. Liability of directors, officers, and other persons - Overdrafts.

§6-712.1. Indemnification for defending suits - Directors' personal liability eliminated or limited.

§6-713. Fidelity bonds and other insurance.

§6-714. Directors - Meetings and duties.

§6-715. Applicability of Oklahoma General Corporation Act.

§6-801. Reserves.

§6-802. Limitations on maximum indebtedness to bank - Exceptions.

§6-803. Real estate loans.

§6-805. Prohibition on bank employing funds in trade or commerce - Sale of personal property - Leasing of personal property - Acquisition of leased personal property.

§6-806. Investments - Underwriting - Limitations.

§6-807. Sale and purchase of loans.

§6-808. Banks prohibited from making political contributions - Penalties.

§6-809. Prohibited acts - Penalties - Injunctions.

§6-901. Deposits in name of two or more persons – "Payable on Death" deposit accounts - Forms of deposit accounts included.

§6-902. Trustee deposit accounts.

§6-903.1. Deposit accounts for minors.

§6-904. Stockholder, director, officer or employee of bank as notary public - Administration of oaths - Protests - Notary fee.

§6-905. Adverse claims to deposits - Restraining order or injunction - Indemnity bond.

§6-906. Transfer to known heirs of deceased without designated beneficiary — Affidavit — Release and discharge — False affidavit.

§6-907. Husband and wife deposit for business purpose - Sole proprietorship account.

§6-908. Banks and credit unions authorized to offer savings promotion raffles.

§6-909. Powers of authorized signer.

§6-1001. Powers of trust companies.

§6-1001.1. Temporary borrowing powers of trust companies.

§6-1002. Restrictions on acting in certain fiduciary capacities - Reciprocity.

§6-1003. Advertising performance of legal services prohibited.

§6-1004. Deposits of securities with Commissioner.

§6-1005. Banks having trust powers and trust companies not required to give security as trustee, etc.

§6-1006. Separation of books and accounts - Labeling securities - Prohibited operations of banks and trust companies having trust powers.

§6-1007. Lien and claim upon bank failure.

§6-1008. Investments - Acceptance as securities by public officials of this state.

§6-1009. Official's oath or affidavit.

§6-1010. Common trust funds.

§6-1011. Loans of trust funds to officers and employees prohibited.

§6-1012. Banks having trust powers and trust companies subject to examination and supervision of Commissioner.

§6-1013. Disclosure of communications and writings prohibited - Exceptions.

§6-1014. Closing of trust unduly delayed.

§6-1015. Banks authorized to engage in trust business - Powers - Restrictions.

§6-1016. Service charges not part of interest on loans.

§6-1017. Voluntary relinquishment of trust powers.

§6-1018. Voluntary or involuntary liquidation or receivership.

§6-1019. Merger, consolidation and sale of assets.

§6-1020. Existing trust powers of religious, charitable, etc. corporations not denied.

§6-1021. Liquidation, dissolution and reorganization of trust companies.

§6-1022. Banks, trust companies and national banking associations - Registration in name of nominee securities held in fiduciary capacity.

§6-1023. Deposit of securities in clearing corporation or Federal Reserve Bank.

§6-1024. Acquisition of control of trust company - Notice - Approval - Review - Penalties.

§6-1101. Merger or conversion.

§6-1102. Approval of merger by directors and merger agreement.

§6-1103. Approval by Board.

§6-1104. Stockholder approval - Notice requirements - Rights of dissenters - Appraisal expense - Valuation and payment of dissenting shares.

§6-1105. Effective date of merger, filing of approved agreement, certificate of merger as evidence.

§6-1106. Continuation of corporate entity.

§6-1107. Conversion from state bank to national and of national to state bank, and trust powers.

§6-1108. Nonconforming assets of business.

§6-1109. Sale or purchase of all assets of bank, trust company or savings association or of department or branch thereof.

§6-1109.1. Sale of assets other than in the ordinary course of business.

§6-1110. Book value of assets.

§6-1111. Merger with parent bank holding company, nonbank subsidiary of parent bank holding company or subsidiary.

§6-1201. Voluntary liquidation and dissolution.

§6-1202. Involuntary liquidation by Commissioner - Reorganization.

§6-1203. Reorganization.

§6-1204. Liquidation by Commissioner - Procedure.

§6-1205. Federal Deposit Insurance Corporation as liquidator.

§6-1206. Conservator.

§6-1207. Transfer or conveyance of title to mineral interests or leases.

§6-1301. Definitions.

§6-1301.1. Appointment of deputy.

§6-1301.2. Authorization for access to safe deposit box upon death of lessee.

§6-1302. Authority to lease safe deposit boxes.

§6-1303. Access by fiduciaries.

§6-1304. Effect of lessee's death or incompetence.

§6-1305. Lease to minor.

§6-1306. Lease to corporation, general or limited partnership, or limited liability company.

§6-1307. Assumed names.

§6-1308. Search procedure on death - Removal of certain contents.

§6-1309. Adverse claims to contents of safe deposit box.

§6-1310. Lien of lessor, special remedies and proceedings for nonpayment of rent.

§6-1311. Limitation of liability - Requirements or policies.

§6-1312. Garnishment - Proceedings in aid of execution.

§6-1313. Estate taxes or rights of state or tax commission not affected.

§6-1401. Transaction of banking business not authorized by law - Unauthorized use of words bank, trust, etc. - Injunction and appointment of receiver - Acceptance of filings by Secretary of State.

§6-1403. Unlawful use of words "safe deposit".

§6-1405. Unlawful gratuity or compensation - Transactions of persons connected with bank.

§6-1406. Receipt of deposit after notification of insolvency.

§6-1407. Unlawful service as officer or director.

§6-1408. Unlawful service as Commissioner, Deputy Commissioner, Administrative Assistant, Assistant Commissioner.

§6-1409. Unlawful concealment of transactions.

§6-1410. Improper maintenance of accounts - False or deceptive entries and statements.

§6-1411. Unlawful payment of penalties and judgments against others, including directors and officers.

§6-1412. Embezzlement or misapplication of funds.

§6-1413. Libel and slander.

§6-1414. Criminal sanctions, violations of rules and orders - Nonapplicability where criminal sanctions imposed in other sections of Code.

§6-1415. Injunction.

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

§6-1417. Advertisement of confusingly similar names or shortened names - Use of former name of acquired institution or office - Commissioner's remedies - Injunctions - Nonconforming previous use or advertisement.

§6-1418. Use of lender’s name, trade name or trademark – Use of loan number, loan amount or other information – Reference to lender – Injunction – Exemptions.

§6-1511. Short title.

§6-1512. Definitions

§6-1513. Registration application - License - List of persons given money transmitter equipment - Fees - Violation and punishment

§6-1514. Information-sharing agreements - Records.

§6-1515. Rules - Interpretive statements and opinions.

§6-1600. International Bank Act - Short title.

§6-1601. Definitions.

§6-1602. Applicability of state banking laws.

§6-1603. Applicability of Oklahoma General Corporation Act.

§6-1604. Requirements for carrying on banking business.

§6-1605. Application for license - Approval or disapproval.

§6-1606. Licenses - Permissible activities.

§6-1607. International administrative offices.

§6-1608. Asset maintenance or capital equivalency.

§6-1609. Certification of capital accounts.

§6-1610. Lending limits.

§6-1611. Reports and records.

§6-1612. Conversion from a federal agency to a state chartered agency and the reverse.

§6-1613. Dissolution.

§6-1614. Representative offices - Limitations - Licenses - Fees.

§6-1615. Rules - Exemption from economic impact statement requirements.

§6-1616. Foreign travel expenses.

§6-1621. Task Force for the Study of State Banking Services.

§6-1701. Short title - Intent.

§6-1702. Definitions.

§6-1703. Rules.

§6-1704. Severability.

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

§6-1706. Certain activities not requiring charter.

§6-1707. State trust institutions - Business locations.

§6-1708. Out-of-state trust institutions - Business locations.

§6-1709. Registration of name.

§6-1710. Authority to operate trust business.

§6-1711. Engaging in trust business at branch locations permitted - Certain business at representative trust offices prohibited - Limitations on business at out-of-state offices.

§6-1712. Principal office.

§6-1713. Establishment of additional offices in this state.

§6-1714. Establishment of additional offices outside of this state.

§6-1715. Out-of-state trust institutions permitted to engage in trust business.

§6-1716. Establishment of new trust offices by out-of-state institutions permitted.

§6-1717. Acquisition of trust offices by out-of-state trust institutions permitted.

§6-1718. Notice of intent to establish or acquire trust office by out-of-state trust institution.

§6-1719. Approval of establishment or acquisition of office by out-of-state institution.

§6-1720. Establishment of additional offices by out-of-state institutions.

§6-1721. Out-of-state institutions prohibited from acting as fiduciaries - Engaging in trust business at representative trust office permitted.

§6-1722. Establishment or acquisition of representative trust offices.

§6-1723. Examination of out-of-state trust institutions.

§6-1724. Enforcement actions.

§6-1725. Notice of change of control, substantial transfer of trust assets or closure.

§6-1730. Short title - Purpose.

§6-1731. Definitions.

§6-1732. Designation of trust institution as fiduciary.

§6-1733. Written agreements or instruments - Designation of law governing.

§6-1734. Fiduciary investment standards - Designation of law governing.

§6-1735. Delegation of fiduciary functions.

§6-1736. Hiring and compensation of affiliates.

§6-1737. Compensation arrangements between clients and fiduciaries.

§6-1738. Disclosure of conflicts of interest.

§6-1739. Acquisition of state trust company or trust institution.

§6-1740. Application of act - Exemptions.

§6-1741. Application for exemption - Maintenance of exempt status - Change of control - Revocation of exempt status - Enforcement proceedings.

§6-1755. Conversion to public trust company.

§6-2001. Definitions.

§6-2001.1. Oklahoma State Credit Union Board - Creation.

§6-2001.2. Powers of Board - Administrator - Powers and duties - Failure to comply with Commissioner's orders or requirements.

§6-2001.3. Meetings of Board - Quorum.

§6-2001.4. Civil liability of State Credit Union Board members.

§6-2002. Necessity of certificate - Application for certificate - Organization certificate and bylaws.

§6-2003. Investigation and report by Bank Commissioner - Certificate of approval - Certificate of incorporation.

§6-2004.1. Out-of-state credit union - Requirements to conduct business in state - Revocation of approval - Cancellation of certificate.

§6-2005. Unlawful transaction of business - Enforcement by Attorney General - Injunction and receiver.

§6-2006. Succession - Powers.

§6-2007. Membership - Central credit unions.

§6-2008. Examinations - Reports - Access to information - Alternative examination or report - Failure to make and transmit or publish report - Certificate and bylaw forms - Annual financial report.

§6-2009. Fiscal year - Meetings - Voting.

§6-2010. Board of directors - Credit committee or credit manager - Supervisory committee - Officers.

§6-2012. Expulsions and withdrawals.

§6-2013. Dividends.

§6-2014. Shares and deposits in name of minors - Shares not subject to stock transfer tax.

§6-2015. Partial invalidity - Right of alteration, amendment or repeal.

§6-2016. Credit unions composed of public employees, retirees and family members - Space in public buildings.

§6-2017. Fiscal agency for state.

§6-2018. Voluntary dissolution.

§6-2018.1. Suspension of operation of credit union - Revocation of certificate - Liquidation - Disposition of assets.

§6-2018.2. Appointment of conservator and agents - Judicial relief - Term of conservatorship - Expenses - Commissioner's authority.

§6-2019.1. Maintenance of books, records, accounting systems and procedures - Destruction of records - Records as evidence.

§6-2020. Special Reserve for Dormant Accounts.

§6-2021. Conversion of credit unions.

§6-2022. Merger of credit unions.

§6-2023. Exercising power of federally chartered credit union - Exceptions.

§6-2024. Joint tenancy shares and deposits.

§6-2025. Share or deposit account payable on death – Application.

§6-2026. Trust shares.

§6-2027. Certain records designated as public records - Confidential records - Disclosure of confidential information.

§6-2041. Power to make and purchase obligations representing insured loans and credit advances.

§6-2042. Investments by fiduciaries, political subdivisions, corporations, etc. - Investment of public funds.

§6-2043. Inconsistent laws inapplicable to loans or investments authorized.

§6-2101. Citation.

§6-2102. Definitions.

§6-2103. Licenses - Requirement - Exceptions - Penalty.

§6-2104. Exempt transactions

§6-2105. Application for license.

§6-2106. Investigation of applicants.

§6-2107. Annual license fees - Renewals - Display of license certificate - Exception.

§6-2108. Surety bond or irrevocable letter of credit.

§6-2109. Additional bond - Deposit of securities in lieu of bond.

§6-2110. Minimum net worth.

§6-2111. Semi-annual reports.

§6-2112. Books, accounts and records - Current financial statements.

§6-2113. Examination of books and records - Audits.

§6-2114. Investigation upon noncompliance with act.

§6-2115. Conduct of business - Location - Agents - Conditions.

§6-2116. Revocation of license - Hearing - Grounds.

§6-2117. Power of subpoena - Designation of hearing officer.

§6-2118. Judicial review.

§6-2119. Giving of notice.

§6-2120. Rules and regulations.

§6-2121. Penalties.

§6-2123. Proceeds of sales of checks by agents - Exemption from attachment, levy of execution, or sequestration - Assignment to Commissioner.

§6-2124. Acts required of licensees - Deadline - Exception.

§6-2201. Short title.

§6-2202. Definitions.

§6-2203. Financial institutions prohibited from disclosing financial records unless.

§6-2204. Subpoena of financial records.

§6-2205. Disclosures or releases authorized.

§6-2206. Costs of assembling, reproducing or providing financial records.

§6-2207. Search warrants.

§6-2208. Certification of compliance by government authorities - Immunity from liability for good faith reliance upon certificate.

§6-3001. Records - Electronic or microphotographic reproduction - Evidence.

§6-3002. Compliance review documents - Confidentiality - Discovery or admissibility.

§6-3003. Negotiation services - Interest income as valuable consideration.

§6-3010. Definition - Form - Fees - Rules.