Oklahoma Administrative Code
Title 85 - State Banking Department
Chapter 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
Universal Citation: OK Admin Code 85:10-11-11
Current through Vol. 41, No. 13, March 15, 2024
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.
Amended at 25 Ok Reg 1064, eff 5-25-08
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