Opinion No. 71-158 (1971) Ag

CITY COUNCIL OR COMMISSION — MAINTAINING ACCOUNT IN BANK WHERE MEMBER HAS AN INTEREST A city council or city commission is authorized within the scope of 62 O.S. 371 [62-371] (19961), as amended by Senate Bill 281, First Session, 33rd Legislature (1971), to maintain an account with a bank not withstanding that a member of the city commission owns stock in the bank or is a member of the bank's board of directors. The Attorney General has considered your opinion request wherein you ask the following question: "Is it permissible for a city to maintain an account with a bank if a member of the…