reglab/housing_qa huggingface dataset:
6 OK Stat § 6-412 (2021)
2021 Oklahoma Statutes|Title 6. Banks and Trust Companies|§6-412. Signature guaranty.

|(1) A bank may become guarantor of the genuineness of a signature. |(2) A bank guaranteeing the signature of a person on any document warrants to any person relying on such guaranty only that:(a) the signature is that of the person signing; and(b) the signer is the holder, or the signer has purported authority to sign in the name of the holder; provided that if the holder purports to act as a fiduciary either as "fiduciary" as defined in this Code or his name is signed by a person purporting to act on the holder's behalf as a fiduciary, the bank warrants that such holder or such person so signing as such fiduciary is in fact the fiduciary he purports to be and warrants that the bank has no actual knowledge that such fiduciary is committing a breach of his obligation as such fiduciary in signing such document and that it has no knowledge of such facts that its action in guaranteeing the signature amounts to bad faith; and(c) the signer has legal capacity to sign.(3) A bank may disclaim in its guaranty all or any part of the obligations set forth in subsection (2)(b) of this section.Added by Laws 1965, c. 161, § 412.
6 OK Stat § 6-415 (2021)
2021 Oklahoma Statutes|Title 6. Banks and Trust Companies|§6-415. Drive-in or walk-up facilities.

|A. 1. Any bank chartered pursuant to the laws of this state may maintain and operate outside attached facilities, and, subject to the approval of the Banking Board as evidenced by its certificate, detached facilities on real property owned or leased by the bank having one or more tellers' windows for drive-in or walk-up service or both. |2. Any branch may maintain and operate outside attached facilities having one or more tellers' windows for drive-in or walk-up service or both on property owned or leased by the bank.3. For the purposes of this section the date of approval of a bank charter or the date of approval of a branch by the appropriate state or federal authority shall be the date of existence of such bank, branch, or facility.B. 1. No bank shall be permitted to maintain and operate such additional outside facilities except upon certificate issued by the Board.2. The application for a certificate to maintain and operate a detached facility shall comply with the regulations of the Board. An application fee in an amount prescribed by Board rule shall accompany the application. Within twenty (20) days after the conclusion of the hearing the Board, in its sole discretion, shall approve or deny the application and shall notify the applicant of its decision.3. Any banking function may be performed at a detached facility except that of making loans. Upon the recommendation of the State Banking Commissioner, the Attorney General shall bring an appropriate action to enjoin a bank from conducting the making of loans at such facilities.4. Any facility authorized pursuant to the laws of this state prior to October 1, 1983, shall not be rendered unlawful by any provision of this section.5. The provisions of this section shall not be construed in derogation or denial of the right to operate and maintain facilities as provided for in Sections 421 and 422 of this title.C. Notwithstanding paragraph 1 of subsection A of this section and paragraphs 1 and 2 of subsection B of this section, the Board may by rule establish a procedure whereby the Commissioner may grant approval and issue the certificate to establish and operate or relocate a detached facility without a hearing before the Board. The procedure shall include criteria set by the Board to be applied by the Commissioner in the consideration of the application.Added by Laws 1965, c. 161, § 415. Amended by Laws 1968, c. 93, § 6; Laws 1970, c. 321, § 7; Laws 1971, p. 1033, S.J.R. No. 33, § 1, emerg. eff. June 17, 1971; Laws 1983, c. 221, § 1, operative Oct. 1, 1983; Laws 1990, c. 173, § 5, emerg. eff. May 3, 1990; Laws 1995, c. 36, § 11, eff. July 1, 1995; Laws 1997, c. 22, § 1, eff. Nov. 1, 1997; Laws 1997, c. 111, § 48, eff. July 1, 1997; Laws 2000, c. 205, § 16, emerg. eff. May 17, 2000.NOTE: Laws 1971, c. 132, § 1 and Laws 1971, c. 352, § 11 repealed by Laws 1983, c. 221, § 4, operative Oct. 1, 1983.
6 OK Stat § 6-421 (2021)
2021 Oklahoma Statutes|Title 6. Banks and Trust Companies|§6-421. Military banking facilities.

|A. Military banking facilities authorized. |1. Notwithstanding the distance limitations in paragraph 1 of subsection A of Section 415 of this title, any bank located in the State of Oklahoma may, subject to the approval of the Board as evidenced by its certificate, and subject to the approval of the military installation commander as evidenced by a letter of approval, maintain and operate a facility on any military installation located in the State of Oklahoma.2. Any state bank may maintain and operate a branch on any United States military installation within this state or elsewhere.B. Certificate to maintain military banking facilities - Notice and hearing - Injunction of prohibited activities.1. No bank shall be permitted to maintain and operate such military banking facility, except on certificate issued by the Board.2. The application for a certificate to maintain and operate a military banking facility shall comply with the regulations of the Board. Within twenty (20) days after the conclusions of the hearing the Board shall, in its sole discretion, approve or deny the application and shall notify the applicant of its decision.3. No banking function shall be performed at the facility save that of accepting deposits, cashing checks, making change, selling bank paper, such as bank drafts, cashier's checks, money orders, traveler's checks, etc., accepting payment for personal utility bills, redeeming and selling United States Savings Bonds, and such other services as the installation commander may request, in writing, of the bank subject to the prior written approval of the Commissioner. Upon the recommendation of the Commissioner, the Attorney General shall bring an appropriate action to enjoin a bank from conducting banking functions at such facility other than those herein granted.Added by Laws 1965, c. 244, § 1. Amended by Laws 1968, c. 93, § 17, emerg. eff. April 1, 1968; Laws 1996, c. 92, § 5, eff. June 1, 1996; Laws 1997, c. 111, § 50, eff. July 1, 1997.
6 OK Stat § 6-422 (2021)
2021 Oklahoma Statutes|Title 6. Banks and Trust Companies|§6-422. Consumer banking electronic facilities.

|A. Any bank, savings and loan association or credit union located within the State of Oklahoma may install, operate or utilize consumer banking electronic facilities, provided written notice is given to the Commissioner prior to the commencement of operations of each facility. Such notice shall contain any reasonable descriptive information pertaining to the facility as shall be required by the rules or regulations of the Board. |B. A consumer banking electronic facility, when located other than at a bank's principal office or detached facility, may be operated exclusively by customers or transactions may be performed through the assistance of any person provided that person is not employed, either directly or indirectly, by any bank, bank holding company or subsidiary, savings and loan association or credit union. Such assistance shall not be deemed to be engaging in the business of banking. Persons assisting bank customers at the site of a consumer banking electronic facility may be trained by bank employees and nothing in this section shall be construed to prohibit periodic servicing of a consumer banking electronic facility by a bank, savings and loan association or credit union employee. Under no circumstances may an employee of a bank, bank holding company, affiliate or subsidiary thereof, savings and loan association or credit union perform transactions for others at the consumer banking electronic facility. However, a consumer banking electronic facility located on the business premises of a person engaged in the sale of goods or services may be used to perform internal nonbanking functions for such persons.C. Consumer banking electronic facility transactions shall be considered as the conduct of banking transactions at the headquarters' location of the bank, savings and loan association or credit union for which the data is transmitted.D. A person not holding a certificate of authority to operate as a bank, credit union, or savings association may install, operate and utilize consumer banking electronic facilities only after filing a registration statement with the Banking Department pursuant to the requirements of Section 104 of this title and any rules promulgated thereunder by the State Banking Board. Provided however, a person filing a registration statement solely in connection with bank or trust-related activities involving consumer banking electronic facilities shall pay to the Department a fee no greater than Fifty Dollars ($50.00) per facility, up to a maximum of Five Hundred Dollars ($500.00), notwithstanding any rule by the Board that may establish a higher fee.Added by Laws 1976, c. 31, § 2, emerg. eff. March 17, 1976. Amended by Laws 1993, c. 183, § 8, eff. July 1, 1993; Laws 1997, c. 111, § 51, eff. July 1, 1997; Laws 2009, c. 3, § 2, eff. July 1, 2009.
6 OK Stat § 6-423 (2021)
2021 Oklahoma Statutes|Title 6. Banks and Trust Companies|§6-423. Operations centers.

|Upon written notice to the Commissioner, any bank may establish one or more operations centers on property owned or leased by the bank. For purposes of this section, "operations center" means a bank facility separated from the main office of the bank at which only the following bank operations are conducted: computer processing, information systems, electronic communications, loan payment processing, bookkeeping, item processing, currency and coin processing and storage, data processing, and all support functions related thereto. |Added by Laws 1989, c. 293, § 8, emerg. eff. May 24, 1989. Amended by Laws 1997, c. 111, § 52, eff. July 1, 1997.
6 OK Stat § 6-424 (2021)
2021 Oklahoma Statutes|Title 6. Banks and Trust Companies|§6-424. Origination of loans at locations other than main office or branch office – Out-of-state banks – Loan and deposit production offices.

|A. Subject to rules promulgated by the Banking Board, a bank or out-of-state bank may utilize employees or agents of the bank or out-of-state bank to originate loans or originate deposit accounts, or both, at locations other than the main office or a branch office of such bank or out-of-state bank, provided that the loan decision is made and the loan is funded at the main office or a branch office of the bank or out-of-state bank and provided that no deposits shall be accepted or received at the deposit origination office. A bank or out-of-state bank may establish an office location described in this section by making an application to the State Banking Commissioner on a form prescribed by the Commissioner. An application fee of Five Hundred Dollars ($500.00) shall accompany the application. |B. An office shall be considered to be a loan production office if it is open to the public, and employees or agents of the bank or out-of-state bank:1. Provide loan applications to customers;2. Facilitate the return of the loan application to the bank or out-of-state bank;3. Provide promissory notes and/or disclosures to customers;4. Receive executed notes from customers; or5. Arrange for the loan proceeds to be delivered to the customer.C. An office shall be considered to be a deposit production office if it is open to the public, and employees or agents of the bank or out-of-state bank:1. Provide deposit applications to customers;2. Facilitate the return of the deposit application to the bank or out-of-state bank;3. Provide deposit agreements and/or disclosures to customers;4. Receive executed deposit agreements from customers; or5. Arrange for the deposited funds to be delivered to the bank.D. The Commissioner or the Board may, upon written request of a bank or out-of-state bank, designate or approve of specified activities (including a limited number of those described in subsections B and C of this section) that a bank or out-of-state bank may conduct without the facility being considered a loan production office or deposit production office. For purposes of this section, the word “agent” shall include independent contractors, or any other “institution affiliated party” as that term is defined in 12 U.S.C., Section 1813(u).Added by Laws 1992, c. 295, § 3, eff. July 1, 1992. Amended by Laws 1996, c. 310, § 1, eff. July 1, 1996; Laws 1997, c. 111, § 53, eff. July 1, 1997; Laws 2000, c. 205, § 17, emerg. eff. May 17, 2000; Laws 2003, c. 180, § 3, eff. Nov. 1, 2003; Laws 2005, c. 48, § 13, eff. Nov. 1, 2005.
6 OK Stat § 6-425 (2021)
2021 Oklahoma Statutes|Title 6. Banks and Trust Companies|§6-425. Fiduciary relationships.

|Unless a state or national bank shall have expressly agreed in writing to assume special or fiduciary duties or obligations, no such duties or obligations will be imposed on the bank with respect to a depositor of the bank or a borrower, guarantor or surety, and no special or fiduciary relationship shall be deemed to exist. |Added by Laws 1994, c. 157, § 8, emerg. eff. May 6, 1994.
6 OK Stat § 6-426 (2021)
2021 Oklahoma Statutes|Title 6. Banks and Trust Companies|§6-426. Agency relationships between subsidiary banks.

|A. Any bank subsidiary of a bank holding company may receive deposits, renew time deposits, close loans, service loans, and receive payments on loans and other obligations as an agent for any other bank owned or controlled by the same bank holding company. |B. Despite any other provision of law, a bank acting as an agent in accordance with subsection A of this section for an affiliate shall not be considered a branch of the affiliate.C. An agency relationship between subsidiary banks pursuant to subsection A of this section shall be on terms that are consistent with safe and sound banking practice and all applicable regulations of any appropriate bank regulatory agency.Added by Laws 1996, c. 310, § 4, eff. July 1, 1996.
6 OK Stat § 6-427 (2021)
2021 Oklahoma Statutes|Title 6. Banks and Trust Companies|§6-427. Bank or trust institution serving as trustee of certain bond issues - Representative trust office.

|Any bank or trust institution serving as a trustee of a bond issue of a public body in Oklahoma shall have and maintain a representative trust office within this state and shall have a trust officer in such office. |Added by Laws 1998, c. 145, § 2, eff. Nov. 1, 1998.
6 OK Stat § 6-503 (2021)
2021 Oklahoma Statutes|Title 6. Banks and Trust Companies|§6-503. Trust companies - Branch offices.

|Nothing contained in this Code shall authorize trust companies, covered by or eligible for insurance coverage by the Federal Deposit Insurance Corporation, to establish branch offices within this state. As used in this section, "branch office" includes, but is not limited to, any additional agency, office or other facility located within this state at which business is conducted. Provided, however, this section shall not be effective as to any such "branch office" in existence at the time and date of the enactment hereof, nor shall it be so construed as to prohibit the establishment of agents or agencies for the sole purpose of conducting the business of title insurance or abstracting. |Added by Laws 1977, c. 46, § 1, emerg. eff. May 11, 1977.
6 OK Stat § 6-510 (2021)
2021 Oklahoma Statutes|Title 6. Banks and Trust Companies|§6-510. Short title.

|This act shall be known and may be cited as the “Oklahoma Industrial Loan Company Branch Act of 2006”. |Added by Laws 2006, c. 235, § 1, emerg. eff. June 6, 2006.
6 OK Stat § 6-511 (2021)
2021 Oklahoma Statutes|Title 6. Banks and Trust Companies|§6-511. Industrial loan company - Industrial bank - Definition.

|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. |Added by Laws 2006, c. 235, § 2, emerg. eff. June 6, 2006.
6 OK Stat § 6-512 (2021)
2021 Oklahoma Statutes|Title 6. Banks and Trust Companies|§6-512. Out-of-state companies or banks - Reciprocity requirement - Certificate for establishment or relocation of branch.

|A. An out-of-state industrial loan company or industrial bank shall not be permitted to establish a de novo branch in this state, nor to acquire a branch bank or savings association branch in this state, unless, on a reciprocal basis, the state where the main office of the out-of-state industrial loan company or industrial bank is located would permit a bank chartered under the laws of this state with a main office located in this state to establish a de novo industrial loan company or industrial bank branch in that other state without having engaged in an interstate merger transaction with an industrial loan company or industrial bank having its main office in that other state. |B. No industrial loan company or industrial bank shall be permitted to establish and operate a branch, or relocate a branch, except upon a certificate issued by the State Banking Commissioner.C. The State Banking Board shall adopt and promulgate rules necessary to effectuate the provisions of this act. The Board may, by rule, establish a procedure whereby the Commissioner may grant approval and issue the certificate to establish or acquire and operate or relocate a branch or other banking office permitted by this section without a hearing before the Board. The procedure shall include criteria set by the Board to be applied by the Commissioner in the consideration of the application.Added by Laws 2006, c. 235, § 3, emerg. eff. June 6, 2006. Amended by Laws 2007, c. 80, § 3, eff. Jan. 1, 2008.
6 OK Stat § 6-513 (2021)
2021 Oklahoma Statutes|Title 6. Banks and Trust Companies|§6-513. Severability.

|The provisions of this act are severable and if any part or provision shall be held void, the decision of the court so holding shall not affect or impair any of the remaining parts or provisions of this act. |Added by Laws 2006, c. 235, § 4, emerg. eff. June 6, 2006.
6 OK Stat § 6-601 (2021)
2021 Oklahoma Statutes|Title 6. Banks and Trust Companies|§6-601. Business days and hours.

|A. 1. The days and hours within which a state bank or national bank, credit union, savings association or trust company may be open for business may be set by its board of directors. |2. Any plan so adopted by any such organization may be changed by it from time to time in its discretion.B. 1. Any act authorized, required or permitted to be performed at or by any such bank, association or credit union on a business day when such bank, association or credit union is so closed may be performed on the next succeeding business day, and no liability or loss of rights of any kind shall result from such delay. If the organization chooses to close on a weekday which is not a legal holiday, the bank shall still have responsibility for paying or returning checks by its midnight deadline. For purposes of this section, legal holidays and Saturday and Sunday shall not be considered "business days".2. In no case shall such bank, credit union, or savings association be closed for more than three (3) consecutive days, except as permitted under Section 603 of this title. Notice of a change in hours or days of operation should be furnished to customers to the extent practicable.Added by Laws 1965, c. 161, § 601. Amended by Laws 1986, c. 316, § 5, emerg. eff. June 24, 1986; Laws 1993, c. 183, § 11, eff. July 1, 1993; Laws 1995, c. 36, § 13, eff. July 1, 1995; Laws 1997, c. 111, § 58, eff. July 1, 1997.
6 OK Stat § 6-602.1 (2021)
2021 Oklahoma Statutes|Title 6. Banks and Trust Companies|§6-602.1. Detached facilities, branch offices, deposit production offices and loan production offices - Business days and hours.

|If a bank, credit union, or savings association has one or more detached facilities or branch offices or deposit production offices or loan production offices, those facilities, branches, or loan production offices may be open at times and on days which are different from the hours and days the main office is open, as specified in the organization's plan. Notice of a change in hours or days of operation should be furnished to customers to the extent practicable. |Added by Laws 1997, c. 111, § 59, eff. July 1, 1997.
6 OK Stat § 6-702 (2021)
2021 Oklahoma Statutes|Title 6. Banks and Trust Companies|§6-702. Liability of fiduciaries owning stock.

|Persons holding stock as executors, administrators, guardians or trustees shall not be personally subject to any liabilities as stockholders; but the estates and funds in their hands shall be liable in like manner and to the same extent as the testator, intestate, ward, or person interested in such trust funds would be, if living and competent to act and hold the stock in his own name. |Added by Laws 1965, c. 161, § 702.
6 OK Stat § 6-703 (2021)
2021 Oklahoma Statutes|Title 6. Banks and Trust Companies|§6-703. Liability of preferred shareholders.

|The holders of preferred stock shall not be held individually responsible as such holders for any debts, contracts, or engagements of the bank or trust company and shall not be liable for assessments to restore impairment in the capital of such corporation as now provided by law with reference to holders of common stock. |Added by Laws 1965, c. 161, § 703.
6 OK Stat § 6-705 (2021)
2021 Oklahoma Statutes|Title 6. Banks and Trust Companies|§6-705. Transfer of shares - Law governing.

|Except as otherwise provided for in the Oklahoma General Corporation Act, the transfer of stock and the certificates of stock which represent the stock or uncertificated stock shall be governed by the Uniform Commercial Code - Investment Securities. To the extent that any provision of the Oklahoma General Corporation Act is inconsistent with any provision of the Uniform Commercial Code - Investment Securities, the provisions of the Uniform Commercial Code - Investment Securities shall be controlling. |Added by Laws 1965, c. 161, § 705. Amended by Laws 1997, c. 111, § 60, eff. July 1, 1997.
6 OK Stat § 6-706 (2021)
2021 Oklahoma Statutes|Title 6. Banks and Trust Companies|§6-706. Stock as personalty - Transfer on books - Shareholders indebted to bank or trust company - Lending on stock prohibited - Purchase of treasury stock.

|A. Transfer of shares. The shares of stock of a bank or trust company shall be deemed personal property and shall be transferred on the books of the bank or trust company, in such manner as the bylaws may prescribe but no stock shall be transferred on the books of any bank or trust company where the registered holder thereof is indebted to the bank or trust company for any matured and unpaid obligations. The shares of stock of a stockholder indebted to the bank or trust company, as provided herein, may be transferred or any claims of the bank or trust company, as herein defined, may be waived at any time by written consent of the bank or trust company, executed by an officer other than the borrowing stockholder. |B. Lending on stock prohibited. It shall be unlawful for any bank or trust company to loan its funds to any stockholder, on its stock or its holding company stock as collateral security; provided, that any bank or trust company may hold its stock to secure the indebtedness previously in good faith contracted.C. Purchase of treasury stock. With the approval of the Commissioner and subject to the conditions as the Commissioner may prescribe, a bank may purchase its own stock as treasury stock.Added by Laws 1965, c. 161, § 706. Amended by Laws 1977, c. 208, § 7, emerg. eff. June 14, 1977; Laws 1997, c. 111, § 61, eff. July 1, 1997.