Four Oaks Fincorp, Inc. Undertaking to Furnish Long-Term Debt Instruments to SEC
Summary
Four Oaks Fincorp, Inc. has notified the SEC that, while it is not filing certain long-term debt agreements as exhibits with its quarterly report, it will provide copies of these documents to the SEC upon request. This is because the total amount of securities issued under any such debt instrument does not exceed 10% of the company's total consolidated assets. The letter is signed by the company's Chairman, President, and CEO, Ayden R. Lee, Jr.
EX-4.1 2 a6024746ex4_1.txt EXHIBIT 4.1 Exhibit 4.1 [Four Oaks Fincorp, Inc. Letterhead] August 7, 2009 Securities and Exchange Commission 100 F Street, NE Washington, D.C. 20549 Re: Four Oaks Fincorp, Inc. - Form 10-Q for the quarter ended June 30, 2009 Ladies and Gentlemen: Today, Four Oaks Fincorp, Inc., a North Carolina corporation (the "Company"), is filing its Quarterly Report on Form 10-Q for the quarter ended June 30, 2009 (the "Form 10-Q") with the Securities and Exchange Commission ("SEC"). Pursuant to Item 601(b)(4)(iii)(A) of Regulation S-K, the Company hereby agrees to furnish the SEC, upon request, copies of instruments and agreements defining the rights of holders of its long-term debt, which are not being filed as exhibits to the Form 10-Q. The total amount of securities issued under any instrument of such long-term debt does not exceed 10% of the total assets of the Company and its subsidiaries on a consolidated basis. Very truly yours, FOUR OAKS FINCORP, INC. /s/ Ayden R. Lee, Jr. - --------------------- Ayden R. Lee, Jr. Chairman, President and Chief Executive Officer
