Legal Opinion

Opinion No. 75-229 (1975) Ag

Oklahoma Attorney General Reports

Decided July 11, 1975Published

1Opinion of the Court

BRANCH BANKING It would be a violation of 6 O.S. 501 [6-501] (1971), for state chartered banks and Oklahoma banks with national charters to provide the following services: (a) At an off-premises electronic facility located at other than a state chartered bank, and not otherwise permitted by Statute, a unit is located through which a bank customer may effect a deposit, withdrawal of cash, or purchase of merchandise at that location and then direct charges or credits to his account through the electronic facility located thereon to his bank, or (b) At an off-premises electronic banking facility…

2Cases cited2 opinions

  1. Jackson v. First National Bank of ValdostaDistrict Court, M.D. Georgia · 1965
  2. In Re Columbus State BankMontana Supreme Court · 1933

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