Okla. Stat. tit. 6, § 6-2023
This is the official text of Okla. Stat. tit. 6, § 6-2023, part of Oklahoma’s Stat. tit. 6, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 6,." Browse the sections below, each linked to its official government source.
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Exercising power of federally chartered credit union -
Official statutory text
Exceptions.
A credit union chartered under the laws of the State of
Oklahoma, the member accounts of which are insured under Title II of
the Federal Credit Union Act, may exercise any of the powers of a
federally chartered credit union doing business in this state, until
otherwise provided by the Legislature; and provided that the State
Credit Union Board may by rule prohibit the exercise of any such
power if the Board finds that the exercise thereof will not serve
the public convenience and advantage and will not equalize and
maintain the quality of competition between state and federal credit
unions.
A credit union chartered under the laws of the State of
Oklahoma, the member accounts of which are insured under Title II of
the Federal Credit Union Act, may exercise any of the powers of a
federally chartered credit union doing business in this state, until
otherwise provided by the Legislature; and provided that the State
Credit Union Board may by rule prohibit the exercise of any such
power if the Board finds that the exercise thereof will not serve
the public convenience and advantage and will not equalize and
maintain the quality of competition between state and federal credit
unions.
Status: in_force · Read it on the official government site
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