SB785

Oklahoma Banking Code; defining terms; updating statutory language. Effective date.

Introduced·2/3/25
Int Text

Oklahoma SB785 updates definitions in the Oklahoma Banking Code and sets an effective date.

Oklahoma SB785 amends the Oklahoma Banking Code by updating and defining terms such as "bank," "branch bank," "capital," "control," and "main office." It also updates statutory references and sets an effective date of November 1, 2025. The bill aims to clarify and modernize the language used in the banking sector within the state.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
Business and Insurance Committee
Next
Committee decision

Sponsors

0
1
R
Democratic CaucusRepublican Caucus

History

Feb 4, 2025

Senate

Second Reading referred to Business and Insurance

Feb 3, 2025

Senate

First Reading

Feb 3, 2025

Senate

Authored by Senator Jett