Okla. Stat. tit. 6 § 1109.1

Current through Laws 2024, c. 453.

Section 1109.1 - Sale of assets other than in the ordinary course of business

In any circumstance other than in the ordinary course of business, a bank may sell any asset with the prior approval of the Commissioner. The sale of all, or substantially all, of the assets of a bank or of a department thereof shall be governed by Section 1109 of Title 6 of the Oklahoma Statutes.

Okla. Stat. tit. 6, § 1109.1

Added by Laws 1997, HB 2173, c. 111, § 91, emerg. eff. 7/1/1997.