Oklahoma § 6-1108 - Nonconforming assets of business

Full text of Oklahoma Oklahoma Statutes § 6-1108 — Nonconforming assets of business, with citation guidance and answers to common questions.

§ 6-1108. Nonconforming assets of business

If a constituent bank or savings association has assets which do

not conform to the requirements of state law for the resulting bank,

or if a converting national bank has assets which do not conform to

the requirements of state law for the converted state bank, or in

either case there are business activities which are not permitted

for the resulting or converted state bank, the Commissioner may

permit a reasonable time to conform with state law.

Oklahoma Statutes - Title 6. Banks and Trust Companies

Added by Laws 1965, c. 161, § 1108.

13, emerg. eff. May 3, 1990.

Amended by Laws 1990, c. 173, §

Source: official Oklahoma text · Last verified 2026-08-27

Frequently Asked Questions About Oklahoma § 6-1108

What does Oklahoma Statutes § 6-1108 cover?

Section 6-1108 ("Nonconforming assets of business") 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 § 6-1108?

A common citation format is "Oklahoma Statutes § 6-1108" (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 § 6-1108 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.