Okla. Stat. tit. 18, § 18-381.47
This is the official text of Okla. Stat. tit. 18, § 18-381.47, 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.
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Notice and payment of withdrawals
Official statutory text
With respect to deposit accounts, an association may require
such minimum advance notice of withdrawal as is specified by federal
regulations or such longer advance notice period of not more than
thirty (30) days as its bylaws may provide. The payment of
withdrawals from deposit accounts, in the event an association does
not have funds available to pay all withdrawals when due, shall be
subject to such rules and procedures as may be prescribed by the
State Banking Commissioner, but any association which, except as
authorized in writing by the Commissioner, fails to make full
payment of any withdrawal when due shall be deemed to be in an
Oklahoma Statutes - Title 18. Corporations Page 51
unsafe or unsound condition to transact business within the meaning
of Section 381.74 of this title.
such minimum advance notice of withdrawal as is specified by federal
regulations or such longer advance notice period of not more than
thirty (30) days as its bylaws may provide. The payment of
withdrawals from deposit accounts, in the event an association does
not have funds available to pay all withdrawals when due, shall be
subject to such rules and procedures as may be prescribed by the
State Banking Commissioner, but any association which, except as
authorized in writing by the Commissioner, fails to make full
payment of any withdrawal when due shall be deemed to be in an
Oklahoma Statutes - Title 18. Corporations Page 51
unsafe or unsound condition to transact business within the meaning
of Section 381.74 of this title.
Status: in_force · Read it on the official government site
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