Okla. Stat. tit. 6, § 6-2041
This is the official text of Okla. Stat. tit. 6, § 6-2041, 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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Power to make and purchase obligations representing
Official statutory text
insured loans and credit advances.
Banks, savings banks, trust companies, life insurance companies,
fire insurance companies, mutual casualty insurance companies, and
other insurance companies and investment companies, building and
Oklahoma Statutes - Title 6. Banks and Trust Companies Page 269
loan associations, trustees, guardians, executors, administrators,
and other fiduciaries, the State of Oklahoma, and cities, villages,
school districts, and other political subdivisions, and all other
corporations, associations and persons, subject to the laws of this
State,
(a) May make such loans and advances of credit and purchases of
obligations representing loans and advances of credit as are
eligible for insurance by the Federal Housing Administrator, and may
obtain such insurance, and
(b) May make such loans, secured by real property or leasehold,
as the Federal Housing Administrator insures or makes a commitment
to insure, and may obtain such insurance.
Banks, savings banks, trust companies, life insurance companies,
fire insurance companies, mutual casualty insurance companies, and
other insurance companies and investment companies, building and
Oklahoma Statutes - Title 6. Banks and Trust Companies Page 269
loan associations, trustees, guardians, executors, administrators,
and other fiduciaries, the State of Oklahoma, and cities, villages,
school districts, and other political subdivisions, and all other
corporations, associations and persons, subject to the laws of this
State,
(a) May make such loans and advances of credit and purchases of
obligations representing loans and advances of credit as are
eligible for insurance by the Federal Housing Administrator, and may
obtain such insurance, and
(b) May make such loans, secured by real property or leasehold,
as the Federal Housing Administrator insures or makes a commitment
to insure, and may obtain such insurance.
Status: in_force · Read it on the official government site
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