Okla. Stat. tit. 6, § 6-402

Any bank or trust company now or hereafter organized under the

laws of this state shall, without specific mention thereof in its

certificate of incorporation, have all the powers conferred by the

Oklahoma Banking Code and the following additional corporate powers:

1. To continue perpetually as a corporation;

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2. To make contracts;

3. To sue and be sued, complain and defend, in its corporate

name;

4. To sell any asset in the ordinary course of business;

5. To have a corporate seal, which may be altered at pleasure,

and to use the same by causing it or a facsimile thereof to be

impressed or affixed, or in any manner reproduced;

6. To make, alter, amend, and repeal bylaws, not inconsistent

with its certificate of incorporation or with law, for the

administration and regulation of the affairs of the corporation;

7. To elect, appoint or remove officers and agents of the

corporation and to define their duties and fix their compensation;

8. To adopt and operate reasonable bonus, profit-sharing and

pension plans for officers and employees;

9. To make contributions to or for the use or benefit of the

following:

a. the United States, any state, territory, or political

subdivision thereof, the District of Columbia or any

possession of the United States, for exclusively

public purposes,

b. a corporation, foundation, trust, community chest, or

other organization created or organized in the United

States, or in any state or territory, or of the

District of Columbia, or of any possession of the

United States, and organized and operated exclusively

for religious, charitable, scientific, veteran

rehabilitation service, civic enterprise, literary or

educational purposes, or for the prevention of cruelty

to children or animals, no part of the net earnings of

which inures to the benefit of any private shareholder

or individual, and no substantial part of the

activities of which is carrying on propaganda or

otherwise attempting to influence legislation, or

c. other lawful expenditures, contributions and

donations; to the extent authorized, approved, or

ratified by action of the board of directors of the

corporation, except as otherwise specifically provided

or limited by its certificate of incorporation, its

bylaws, or by resolution duly adopted by its

stockholders;

10. To exercise such incidental powers as may be necessary or

desirable to carry on the banking business including, but not

limited to, powers as may now or hereafter be conferred upon

national banks by the laws of the United States and the regulations

and policies of the United States Comptroller of the Currency,

unless otherwise prohibited or limited by the State Banking

Commissioner or the State Banking Board. Upon approval of the

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Commissioner, and subject to all applicable federal and state laws,

the operating subsidiaries or financial subsidiaries of a bank may

exercise any power and engage in any activity that is permitted for

an operating subsidiary or financial subsidiary of a national bank

pursuant to laws of the United States and the regulations and

policies of the United States Comptroller of the Currency, or the

Board of Governors of the Federal Reserve System unless otherwise

prohibited or limited by the Commissioner or the Board;

11. To exercise by its directors, duly authorized officers or

agents, subject to law, all such powers as shall be necessary to

carry on the banking business;

12. Without specific mention in its charter, to act as escrow

agent;

13. To purchase for its own account investment securities under

such limitations and restrictions as the Commissioner may prescribe

by policy statement pursuant to subsection F of Section 204 of this

title;

14. To lease, hold, purchase and convey any and all real estate

in the manner provided in this Code and not otherwise;
2. Without specific mention in its charter, to act as escrow

agent;

13. To purchase for its own account investment securities under

such limitations and restrictions as the Commissioner may prescribe

by policy statement pursuant to subsection F of Section 204 of this

title;

14. To lease, hold, purchase and convey any and all real estate

in the manner provided in this Code and not otherwise;

15. To act as fiscal or transfer agent, executor,

administrator, guardian of estates, assignee, receiver, depository

and trustee, provided such bank or trust company has complied with

the laws of this state relating to the organization and regulation

of trust companies;

16. To issue and sell securities as the Commissioner may

prescribe by policy statement pursuant to subsection F of Section

204 of this title;

17. To invest in tangible personal property, including, without

limitation, vehicles, manufactured homes, machinery, equipment, or

furniture, for lease financing transactions on a net-lease basis,

subject to rule or order of the Commissioner limiting the amount the

bank may invest in such property;

18. To make investments designed primarily to promote the

public welfare, including the welfare of low- and moderate-income

communities or families, such as by providing housing, services, or

jobs. A state bank may make such investments directly or by

purchasing interests in an entity primarily engaged in making such

investments. A state bank shall not make any such investment if the

investment would expose the bank to unlimited liability. The

aggregate investment of a state bank under this subsection shall not

exceed fifteen percent (15%) of the capital of the bank; and

19. Upon approval by the Commissioner, to underwrite issues of

securities or stock through a subsidiary.