Okla. Stat. tit. 6, § 6-211

This is the official text of Okla. Stat. tit. 6, § 6-211, 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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Fees and assessments

Official statutory text

A. 1. The Banking Board shall charge and collect from each

bank and trust company under its supervision an annual fee of One

Thousand Dollars ($1,000.00) which shall be deposited in the

Oklahoma State Banking Department revolving fund pursuant to Section

211.1 of this title.

2. The Board shall charge and collect assessments from each

bank or trust company under its supervision on each One Thousand

Dollars ($1,000.00) of assets, or major fraction thereof, at rates

established by the Board. Assessments shall be deposited in the

Oklahoma State Banking Department revolving fund created by Section

211.1 of this title.

Oklahoma Statutes - Title 6. Banks and Trust Companies Page 33

3. Effective January 1, 2007, and each year thereafter, ten

percent (10%) of all assessments collected from state-chartered

banks existing as of December 31 of the previous year shall be

deposited to the General Revenue Fund of the State Treasury. The

Board may charge and collect assessments on an annual basis and may,

in addition to any annual assessment, charge and collect a special

assessment from each bank or trust company, at rates established by

the Board. The annual assessments shall be paid to the Oklahoma

State Banking Department no later than the fifth day of February in

each year. The Board may order refunds of a portion of collected

assessments on a pro rata basis. Refunds shall be paid from the

Oklahoma State Banking Department revolving fund created by Section

211.1 of this title.

4. The fee for bank trust departments, which shall be in

addition to the assessment collected pursuant to paragraph 2 of this

subsection, shall be One Thousand Dollars ($1,000.00). The fees due

under this paragraph shall be paid annually to the Banking

Department no later than the fifth day of February in each year and

shall be deposited in the Oklahoma State Banking Department

revolving fund pursuant to Section 211.1 of this title. Failure to

pay any assessment or fee imposed pursuant to this section by its

due date will result in a penalty of Fifty Dollars ($50.00) per day

for each day it is in violation of this section, which penalty,

together with the amount due under the foregoing provisions of this

section, may be recovered in a civil action in the name of the

state.

5. All fees not otherwise directed shall be deposited in the

Department revolving fund pursuant to Section 211.1 of this title.

B. Whenever it is deemed advisable by the State Banking

Commissioner, special examinations of banks, trust companies and any

other person under, subject to or proposed to become under or

subject to the supervision of the Commissioner shall be conducted.

The expenses of the Department necessarily incurred in a special

examination, and the expenses of the Department necessarily incurred

in a regular examination of a trust company, shall be chargeable to

the bank, trust company or person examined at the rate not to exceed

Seventy-five Dollars ($75.00) per hour plus travel expenses as

provided by subsection B of Section 201.1 of this title for each of

the examining personnel. Payments received pursuant to this

subsection shall be deposited in the Department revolving fund

pursuant to Section 211.1 of this title.

C. Section 211 of Title 62 of the Oklahoma Statutes shall not

apply to the Oklahoma State Banking Department, the Banking Board,

the Credit Union Board nor the Banking Commissioner.

Status: in_force · Read it on the official government site

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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.