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Oklahoma Administrative Code (Last Updated: March 11, 2021) |
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TITLE 85. State Banking Department |
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Chapter 10. Supervision, Regulation and Administration of Banks, Trust Companies, and the Oklahoma Banking Code |
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Subchapter 3. Departmental Requirements |
SECTION 85:10-3-3. Report of change of chief executive officer or director
Latest version.
- (a) When a bank or trust company is required by the Code to report a change of chief executive officer or director, such report shall be given within 60 days after the change becomes effective, unless such time period is extended upon request to the Commissioner. Such report shall include:(1) a biographical sketch of the individual involved,(2) a statement of the past and present business affiliations and professional affiliations, and(3) a financial statement dated within six (6) months.(b) Biographical and financial information called for by this section may be supplied using a form adopted for such use by the Federal Deposit Insurance Corporation or the Federal Reserve System.(c) All information supplied under this section shall be confidential and not subject to public inspection for any purpose.