Oklahoma § 18-910 - Deposit of funds
Full text of Oklahoma Oklahoma Statutes § 18-910 — Deposit of funds, with citation guidance and answers to common questions.
§ 18-910. Deposit of funds
No corporation organized under the provisions of this act shall
at any time be authorized to receive money on deposit. The
corporation shall not deposit any of its funds in any banking
institution unless such institution has been designated as a
depository by a vote of a majority of the directors present at an
authorized meeting of the board of directors, exclusive of any
director who is an officer or director of the depository so
designated.
Laws 1970, c. 187, § 10, emerg. eff. April 13, 1970.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 18-910
What does Oklahoma Statutes § 18-910 cover?
Section 18-910 ("Deposit of funds") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Oklahoma § 18-910?
A common citation format is "Oklahoma Statutes § 18-910" (Oklahoma). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Oklahoma law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.
How does Oklahoma § 18-910 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Oklahoma.