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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 25. Savings and Loan Associations |
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Subchapter 3. Supervision, Regulation and Administration |
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Part 3. DEPARTMENTAL REQUIREMENTS FOR REPORTS, REQUESTS AND APPLICATIONS |
SECTION 85:25-3-31. Fees
Latest version.
- (a) Deposit fee for application for authority to organize a new charter. In accordance with the provisions of Section 381.16 of the Savings and Loan Code with respect to applications for authority to organize a state savings association, a deposit in the amount of $2,000.00 shall be submitted to the Commissioner with the Application for Authority to Organize. The amount shall be used as a deposit to defray expenses of an investigation and report of the feasibility of the proposed association and other expenses incidental to the consideration of the application. The total fee for the investigation and report of the feasibility shall be charged at the rate prescribed in section 381.15 of the Savings and Loan Code for special examinations. At the conclusion of the investigation the applicant shall pay any amount not satisfied by the deposit.(b) Application fee to change location. With respect to applications to change location of an association's main office, branch, or detached facility, an application fee in the amount of $2,000.00 shall be submitted to the Commissioner with each Application to move.(c) Application fee for detached facility. An Application for a Certificate to Maintain and Operate a Detached Facility shall be accompanied by a fee in the amount of $2,000.00.(d) Application fee for operating subsidiaries. An Application for Approval of an Operating Subsidiary must be accompanied by a check made payable to the Commissioner in the amount of $1,000.00 and a check, in blank, made payable to the Secretary of State for fees due in connection with filing the Certificate of Incorporation.(e) Application fee for branch. An application fee of $2,000.00 shall accompany each Application for Certificate to Maintain and Operate a Branch.(f) Other types of applications and fees. The following applications shall be accompanied by a check made payable to the Commissioner in an amount as prescribed below:(1) Application to Change Name - $250.00(2) Application to Abandon Trust Powers - $1,500.00(3) Application to Change Number or Par Value of Shares - $250.00(4) Application to Exercise Trust Powers - $1,500.00(g) Debentures or capital notes. Fee for approval of debentures or capital notes - $1,000.00(h) Fee for merger. In accordance with the provisions of Sections 381.61 and 381.66c of the Banking Code, with respect to the submission of the merger agreement for review, a fee in the amount of $3,500.00 shall be submitted to the Commissioner together with the merger agreement. Such fee shall be in addition to and not in lieu of any branch application fee(s) which may also be required.(i) Fee for purchase and assumption agreements. In accordance with the provisions of Section 381.63a of the Savings and Loan Code, with respect to the submission of the agreement of purchase and sale for review, a fee in the amount of $3,500.00 shall be submitted to the Commissioner together with the purchase and sale agreement.(j) Fee for conversion. In connection with conversions applied for under sections 381.50 and 381.60 of the Savings and Loan Code, the converting institution shall pay for a special examination at the rate prescribed in section 381.15 of the Savings and Loan Code.