Legal Briefs

Risk Management of Remote Deposit Capture

New FDIC Disclosure for Banks Offering Sweep Accounts

Various Cost-of-Living Increases in Dollar Amounts for 2009 No IRA Minimum Distributions Required for 2009 Interagency Statement on Meeting Needs of Creditworthy Borrowers 

Creditor Must Be Notified if Personal Representative Rejects a Claim in Probate Unclaimed Property—Collecting Fees Owed on Safe Deposit Boxes Oklahoma Adopts Uniform Real Property Electronic Recording Act Notification Required for Security Breach Of Computerized Data

Capital Purchase Plan Deadline Extended for Non-publicly-traded Banks "Opt Out" Date Extended for FDIC’s Temporary Liquidity Program Tax Free Charitable Distributions from IRAs

Recent Changes to FDIC Insurance for Trusts, POD Accounts Importance of Training to Deal with FDIC Insurance Questions

Two Changes to Servicemembers’ Civil Relief Act Tax Credit for First-Time Homebuyers Can Banks Freeze Home-Equity Lines of Credit?

Motor Vehicle Lien Entry Forms Are Changing New Statute Allows “Transfer on Death” for Real Estate

Commissioner’s Bill Revises Several Banking Provisions Recent Changes to Oklahoma Banking Board’s Regulations Major Changes to Oklahoma’s Record Retention Schedule Elder Abuse Punishment Increases

Consumer Loan Dollar Amounts Adjust on July 1 Paying 3% Interest on County Deposits Accepting Checks with Missing Endorsements Accepting Checks for Collection