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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 7. Director's Examinations |
SECTION 85:10-7-5. Performance of an audit in lieu of examination
Latest version.
- Performance of an audit by an independent certified public accountant resulting in an unqualified opinion being rendered constitutes satisfaction of the requirements of this Subchapter. No additional statements or reports are required from the accounting firm. A copy of such audit report, together with an unqualified opinion, must be submitted to the Commissioner within 120 days of completion of the audit.