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OK · constitutions

Okla. Const. art. IX, § 41

Banks and trust companies - Restriction on controlling other stock

activein force · 2026-09-29 – presentas-observed

No trust company, or bank or banking company shall own, hold, or control, in any manner whatever, the stock of any other trust company or bank or banking company, except such stock as may be pledged in good faith to secure bona fide indebtedness, acquired upon foreclosure, execution sale, or otherwise for the satisfaction of debt; and such stock shall be disposed of in the time and manner hereinbefore provided.

History

Amended by State Question No. 458, Legislative Referendum No. 171, adopted at election held on Sept. 17, 1968.

Provenance

Source
oklegislature.gov
Retrieved
2026-09-29
Edition
supplied-2026-09-29
Content hash
44e6ab7f8221595df5e1409efd34eac357390c7564ae20448390619f1d7a56d8
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