Okla. Admin. Code § 85:25-1-15

Current through Vol. 42, No. 1, September 16, 2024
Section 85:25-1-15 - Description of Board organization and operations

The Oklahoma Savings and Loan Board exists under the provisions of the Code, and is composed of the Commissioner as ex officio chairman, and four other members, including a lay member, appointed by the Governor with the consent of the State Senate. A secretary to the Board may be appointed by the Commissioner. The Board has general supervision and control over all Oklahoma associations and the activities of foreign associations within the State of Oklahoma, with power to grant or refuse permission to any association to do business in the State, and with authority to prescribe rules and regulations for the conduct and operation of Oklahoma and foreign associations within the State of Oklahoma. Meetings of the Board are held quarterly at the State Banking Department, and special meetings may be called at any time by the Commissioner. Requests for information and all applications, petitions or requests for Board action shall be filed in the office of the Bank Commissioner.

Okla. Admin. Code § 85:25-1-15

Transferred from 625:1-1-15 (see Editor's Note at beginning of this Chapter)