Oklahoma § 6-303 - Incorporators - Fee
Full text of Oklahoma Oklahoma Statutes § 6-303 — Incorporators - Fee, with citation guidance and answers to common questions.
§ 6-303. Incorporators - Fee
A. One or more persons eligible by the Oklahoma Banking Code or
by federal law to own and control a bank or trust company shall file
with the State Banking Commissioner, in a method as required by the
Commissioner, an application for authority to organize setting forth
the information required by Section 305 of this title.
B. Each organizer shall subscribe and pay in full in cash for
stock having a total subscription price of not less than one percent
(1%) of the minimum capital required by Section 303.1 of this title.
C. An application fee in an amount prescribed by Board rule
shall accompany the application. The fee is payable from the
organizational expense fund and is nonrefundable.
Added by Laws 1965, c. 161, § 303. Amended by Laws 1967, c. 258, §
1; Laws 1970, c. 321, § 6; Laws 1971, c. 352, § 6; Laws 1982, c.
204, § 4; Laws 1990, c. 173, § 2, emerg. eff. May 3, 1990; Laws
1997, c. 111, § 20, eff. July 1, 1997; Laws 2000, c. 205, § 11,
emerg. eff. May 17, 2000; Laws 2001, c. 55, § 1, eff. Nov. 1, 2001.
Frequently Asked Questions About Oklahoma § 6-303
What does Oklahoma Statutes § 6-303 cover?
Section 6-303 ("Incorporators - Fee") 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 § 6-303?
A common citation format is "Oklahoma Statutes § 6-303" (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 § 6-303 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.