Okla. Stat. tit. 18, § 18-491
This is the official text of Okla. Stat. tit. 18, § 18-491, part of Oklahoma’s Stat. tit. 18, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 18,." Browse the sections below, each linked to its official government source.
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Agreement between principal and surety for deposit of
Official statutory text
monies and assets.
It shall be lawful for any party of whom a bond, undertaking or
other obligation is required, to agree with his surety or sureties
for the deposit of any or all monies and assets for which he and his
surety or sureties are or may be held responsible, with a bank,
savings bank, safe-deposit or trust company, authorized by law to do
business as such, or with other depository approved by a court or a
judge thereof, if such deposit is otherwise proper, for the
safekeeping thereof, and in such manner as to prevent the withdrawal
of such money or assets or any part thereof, without the written
consent of such surety or sureties, or an order of court, or a judge
thereof made on such notice to such surety or sureties as such court
or judge may direct; provided, however, that such agreement shall
not in any manner release from or change the liability of the
principal or sureties as established by the terms of the said bond.
It shall be lawful for any party of whom a bond, undertaking or
other obligation is required, to agree with his surety or sureties
for the deposit of any or all monies and assets for which he and his
surety or sureties are or may be held responsible, with a bank,
savings bank, safe-deposit or trust company, authorized by law to do
business as such, or with other depository approved by a court or a
judge thereof, if such deposit is otherwise proper, for the
safekeeping thereof, and in such manner as to prevent the withdrawal
of such money or assets or any part thereof, without the written
consent of such surety or sureties, or an order of court, or a judge
thereof made on such notice to such surety or sureties as such court
or judge may direct; provided, however, that such agreement shall
not in any manner release from or change the liability of the
principal or sureties as established by the terms of the said bond.
Status: in_force · Read it on the official government site
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