Banks and trust companies; Banks and Trust Companies Reform Act of 2025; effective date.

HB 2485, titled the Banks and Trust Companies Reform Act of 2025, creates a new law in Oklahoma that is not added to the existing state statutes. The bill directly affects banks and trust companies operating within the state by establishing a new legal framework for them. It includes a provision setting the effective date of the law to November 1, 2025. The bill does not specify any particular operational changes or requirements for these financial institutions beyond this naming and effective date provision.