Oklahoma § 6-2001 - Definitions
Full text of Oklahoma Oklahoma Statutes § 6-2001 — Definitions, with citation guidance and answers to common questions.
§ 6-2001. Definitions
As used in this chapter:
1. "Credit union" means a cooperative nonprofit society
incorporated for the purpose of promoting thrift among its members,
and creating a source of credit for them at legitimate rates of
interest for provident or productive purposes; and
2. "Paid-in and unimpaired capital and surplus" means, the
balance of all paid-in share accounts and other deposits, less any
loss for which no reserve has been established or which has not been
charged against undivided earnings, plus the credit balance (or less
the debit balance) of undivided earnings, after all losses have been
provided for and net earnings or net losses have been added thereto
or deducted therefrom. Reserves shall not be considered as a part
of surplus.
Added by Laws 1941, p. 11, § 1. Amended by Laws 1965, c. 496, § 1,
emerg. eff. July 19, 1965; Laws 1995, c. 151, § 1, emerg. eff. May
2, 1995.
Oklahoma Statutes - Title 6. Banks and Trust Companies
Frequently Asked Questions About Oklahoma § 6-2001
What does Oklahoma Statutes § 6-2001 cover?
Section 6-2001 ("Definitions") 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 § 6-2001?
A common citation format is "Oklahoma Statutes § 6-2001" (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 § 6-2001 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.