Okla. Stat. tit. 36, § 36-1607
This is the official text of Okla. Stat. tit. 36, § 36-1607, part of Oklahoma’s Stat. tit. 36, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 36,." Browse the sections below, each linked to its official government source.
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United States government obligations
Official statutory text
An insurer may invest any of its funds in:
1. Bonds or other evidences of indebtedness of the United
States of America or of any of its agencies or instrumentalities
when such obligations are guaranteed as to principal and interest by
the United States of America or any agency or instrumentality
thereof.
2. Bonds or other evidences of indebtedness which are
guaranteed as to principal and interest by the United States of
America or by any agency or instrumentality of the United States of
America.
3. Bonds, debentures or other securities of the following
agencies of the government of the United States, whether or not such
obligations are quaranteed by such government:
(a) Commodity credit corporation.
(b) Federal national mortgage association and stock thereof when
acquired in connection with sale of mortgage loans to such
association.
Oklahoma Statutes - Title 36. Insurance Page 431
(c) Federal land banks, issued under provisions of the Act of
Congress entitled the "Federal Farm Loan Act" and approved July 17,
1916, and any acts amendatory or supplementary to that Act.
(d) Any federal home loan bank, issued under provisions of the
Act of Congress entitled "Federal Home Loan Bank Act" and approved
July 22, 1932.
(e) The Home Owners' Loan Corporation, created by the Act of
Congress entitled "Home Owners' Loan Act of 1933" and approved June
13, 1933.
(f) Federal intermediate credit banks, created by the Act of
Congress entitled "Agricultural Credits Act of March 4, 1923."
(g) Central bank for cooperatives and regional banks for
cooperatives organized under the Farm Credit Act of 1933, or by any
of such banks.
(h) Any other similar agency of the government of the United
States and of similar financial quality.
1. Bonds or other evidences of indebtedness of the United
States of America or of any of its agencies or instrumentalities
when such obligations are guaranteed as to principal and interest by
the United States of America or any agency or instrumentality
thereof.
2. Bonds or other evidences of indebtedness which are
guaranteed as to principal and interest by the United States of
America or by any agency or instrumentality of the United States of
America.
3. Bonds, debentures or other securities of the following
agencies of the government of the United States, whether or not such
obligations are quaranteed by such government:
(a) Commodity credit corporation.
(b) Federal national mortgage association and stock thereof when
acquired in connection with sale of mortgage loans to such
association.
Oklahoma Statutes - Title 36. Insurance Page 431
(c) Federal land banks, issued under provisions of the Act of
Congress entitled the "Federal Farm Loan Act" and approved July 17,
1916, and any acts amendatory or supplementary to that Act.
(d) Any federal home loan bank, issued under provisions of the
Act of Congress entitled "Federal Home Loan Bank Act" and approved
July 22, 1932.
(e) The Home Owners' Loan Corporation, created by the Act of
Congress entitled "Home Owners' Loan Act of 1933" and approved June
13, 1933.
(f) Federal intermediate credit banks, created by the Act of
Congress entitled "Agricultural Credits Act of March 4, 1923."
(g) Central bank for cooperatives and regional banks for
cooperatives organized under the Farm Credit Act of 1933, or by any
of such banks.
(h) Any other similar agency of the government of the United
States and of similar financial quality.
Status: in_force · Read it on the official government site
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