Oklahoma § 6-2104 - Exempt transactions
Full text of Oklahoma Oklahoma Statutes § 6-2104 — Exempt transactions, with citation guidance and answers to common questions.
§ 6-2104. Exempt transactions
A. Nothing in the Sale of Checks Act shall apply to the receipt
of money by any incorporated telegraph company at any agency or
office of the company for immediate transmission by telegraph, or to
the receipt of money for the purpose of transmitting or transferring
it to foreign countries.
B. Nothing in the Sale of Checks Act shall apply to the sale or
issuance of checks by governmental departments. No federally
insured financial institutions authorized to do business in this
state, including banks, savings and loan associations, and credit
unions, whether the federally insured financial institutions are
organized under the laws of this state or of the United States,
shall be subject to this act where the institution is selling or
issuing checks drawn only on itself or on another federally insured
financial institution or representing insured deposits held at the
institution.
C. Nothing in this act shall apply to a company that maintains
a license under the Oklahoma Financial Transaction Reporting Act.
Provided, a person selling checks that are exempt pursuant to this
subsection must maintain a bond covering its money transmission
activities and sale of checks activities in an amount not less than
the maximum required pursuant to the rules of the board.
Added by Laws 1961, p. 427, § 4. Amended by Laws 1988, c. 216, § 3,
eff. Nov. 1, 1988; Laws 1990, c. 104, § 1, eff. Sept. 1, 1990; Laws
2013, c. 62, § 10, emerg. eff. April 18, 2013; Laws 2016, c. 127, §
5, emerg. eff. Apr. 20, 2016.
Oklahoma Statutes - Title 6. Banks and Trust Companies
Frequently Asked Questions About Oklahoma § 6-2104
What does Oklahoma Statutes § 6-2104 cover?
Section 6-2104 ("Exempt transactions") 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 § 6-2104?
A common citation format is "Oklahoma Statutes § 6-2104" (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 § 6-2104 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.