Statutes, codes, and regulations
Oklahoma Administrative Code
Title 85 - State Banking DepartmentChapter 10 - Supervision, Regulation, and Administration of Banks, Trust Companies, and the Oklahoma Banking Code
Subchapter 11 - Substantive Guidelines and Restrictions
Section 85:10-11-11 - Bank-owned life insurance

Okla. Admin. Code § 85:10-11-11

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Current through Vol. 42, No. 4, November 1, 2024
Section 85:10-11-11 - Bank-owned life insurance

A bank may purchase life insurance products in connection with employee compensation, employee benefit plans, and for other uses to the same extent and under the same circumstances allowed under federal law and guidelines.

Okla. Admin. Code § 85:10-11-11

Amended at 25 Ok Reg 1064, eff 5-25-08