Okla. Stat. tit. 71, § 71-421
This is the official text of Okla. Stat. tit. 71, § 71-421, part of Oklahoma’s Stat. tit. 71, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 71,." Browse the sections below, each linked to its official government source.
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Exemptions
Official statutory text
This act shall not apply when:
1. The offeror or the target company is a public utility or a
public utility holding company as defined in Section 2 of the
"Public Utility Holding Company Act of 1935," 49 Stat. 803, 15
U.S.C. 79, as amended, and the multinational corporation take-over
bid is subject to approval by the appropriate federal agency as
provided in such act;
2. The offeror or the target company is a bank or a bank
holding company as subject to the "Bank Holding Company Act of
1956," 70 Stat. 133, 12 U.S.C. 1841, and subsequent amendments
thereto, and the multinational corporation take-over bid is subject
to approval by the appropriate federal agency as provided in such
act;
3. The offeror or the target company is a savings and loan
holding company as defined in Section 2 of the "Savings and Loan
Holding Company Amendments of 1967," 82 Stat. 5, 12 U.S.C. 1730A, as
amended, and the multinational corporation take-over bid is subject
to approval by the appropriate federal agency as provided in such
act;
4. The offeror and the target company are banks and the offer
is part of a merger transaction subject to approval by appropriate
federal supervisory authorities; and
5. The offeror or target company is an insurance company
regulated under the Oklahoma Insurance Code.
1. The offeror or the target company is a public utility or a
public utility holding company as defined in Section 2 of the
"Public Utility Holding Company Act of 1935," 49 Stat. 803, 15
U.S.C. 79, as amended, and the multinational corporation take-over
bid is subject to approval by the appropriate federal agency as
provided in such act;
2. The offeror or the target company is a bank or a bank
holding company as subject to the "Bank Holding Company Act of
1956," 70 Stat. 133, 12 U.S.C. 1841, and subsequent amendments
thereto, and the multinational corporation take-over bid is subject
to approval by the appropriate federal agency as provided in such
act;
3. The offeror or the target company is a savings and loan
holding company as defined in Section 2 of the "Savings and Loan
Holding Company Amendments of 1967," 82 Stat. 5, 12 U.S.C. 1730A, as
amended, and the multinational corporation take-over bid is subject
to approval by the appropriate federal agency as provided in such
act;
4. The offeror and the target company are banks and the offer
is part of a merger transaction subject to approval by appropriate
federal supervisory authorities; and
5. The offeror or target company is an insurance company
regulated under the Oklahoma Insurance Code.
Status: in_force · Read it on the official government site
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