Okla. Stat. tit. 18, § 18-381.24g
This is the official text of Okla. Stat. tit. 18, § 18-381.24g, part of Oklahoma’s Stat. tit. 18, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 18,." Browse the sections below, each linked to its official government source.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Association subsidiary as agent of holding company
Official statutory text
A. Any association subsidiary of an association 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 or association owned or controlled by the
same holding company.
B. Despite any other provision of law, an association 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 institutions
pursuant to subsection A of this section shall be on terms that are
consistent with safe and sound practices and all applicable
regulations of any appropriate regulatory agency.
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 or association owned or controlled by the
same holding company.
B. Despite any other provision of law, an association 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 institutions
pursuant to subsection A of this section shall be on terms that are
consistent with safe and sound practices and all applicable
regulations of any appropriate regulatory agency.
Status: in_force · Read it on the official government site
Need a lawyer in Oklahoma?
Find a Oklahoma lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.