There is a newer version
of
this Section
2017 Oklahoma Statutes
Title 6. Banks and Trust Companies
§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.
Universal Citation: 6 OK Stat § 6-1711 (2017)
A. A state trust institution may act as a fiduciary and engage in a trust business at each trust office as permitted by this act and at a branch.
B. A 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 act.
C. Notwithstanding the provisions of subsections A and B of this section, a state bank or a state trust company may not engage at an out-of-state office in any trust business not permitted for such an office by the host state where the office is located to trust institutions chartered by such state.
Added by Laws 1998, c. 104, § 11, eff. Nov. 1, 1998.
Disclaimer: These codes may not be the most recent version. Oklahoma may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
