Credit Union Act/ Statutes

Updated 10/31/2006

Section  
2001 Definition of Credit Union.
2001.1 Oklahoma State Credit Union Board - Creation.
2001.2 Powers of Board - Administrator; powers and duties - Failure to comply with Bank Commissioner's orders or requirements.
2001.3 Meetings of Board - Quorum.
2001.4 Civil liability of State Credit Union Board members.
2002 Necessity of certificate - Application for certificate -Organization certificate and bylaws.
2003 Investigation and report by Bank Commissioner - Certificate of approval - Certificate of incorporation.
2004 Repealed by Laws 1992, c. 90, § 19, eff. July 1, 1992.
2004.1 Out-of-state credit union - Requirements to conduct business in state - Revocation of approval - Cancellation of certificate.
2005 Unlawful transaction of business - Enforcement by Attorney General - Injunction and receiver.
2006 Succession - Powers.
2007 Membership - Central credit unions.
2008 Examinations - Reports - Access to information - Alternative examination or report - Failure to make and transmit or publish report - Certificate and bylaw forms - Annual financial reports
2009 Fiscal year - Meetings - Voting.
2010 Board of directors - Credit committee - Supervisory committee - Officers.
2011 Repealed by Laws 2000, eff. April 14, 2000.
2012 Expulsions and withdrawals.
2013 Dividends.
2014 Shares and deposits in name of minors - Shares not subject to stock transfer tax.
2015 Partial invalidity - Right of alteration, amendment or repeal.
2016 Credit unions composed of public employees - Space in public buildings.
2017 Fiscal agency for state.
2018 Voluntary dissolution.
2018.1 Suspension of operation of credit union - Revocation of certificate - Liquidation - Disposition of assets.
2018.2 Appointment of conservator and agents - Judicial relief - Term of conservatorship - Expenses - Commissioner's authority.
2019 Repealed by Laws 1992, c. 90, § 19 eff. July 1, 1992.
2019.1 Maintenance of books, records, accounting systems and procedures - Destruction of records - Records as evidence.
2020 Special Reserve for Dormant Accounts.
2021 Conversion of credit unions.
2022 Merger of credit unions.
2023 Exercising power of federally chartered credit union - Exceptions.
2024 Joint tenancy shares and deposits.
2025 Shares or deposits "Payable on Death", "Payable on the Death of" or "P.O.D."
2026 Trust shares.
2027 Certain records Designated as public records -Confidential records - Disclosure of confidential information.