Okla. Stat. tit. 36, § 36-4901
This is the official text of Okla. Stat. tit. 36, § 36-4901, 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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Sole surety on official bonds
Official statutory text
Whenever any bond, recognizance, or undertaking is required or
permitted to be made for the security or protection of any person or
municipality, the state, or any department thereof, or organization,
conditioned for the doing or not doing of anything therein
specified, any such board, court, organization or officer required
or permitted to accept or approve of the sufficiency of such bond,
recognizance, or undertaking, may accept and approve the same when
executed, or when the conditions thereof are guaranteed, solely by
an insurer authorized to transact a surety business in this state in
Oklahoma Statutes - Title 36. Insurance Page 1014
accordance with the requirements of this code. Whenever any such
bond, recognizance, or undertaking is required to be made with one
surety or with two or more sureties, the execution of the same, or
the guarantee of the performance of the conditions thereof, shall be
sufficient when so executed or guaranteed solely by one such
insurer, and shall be a full compliance with every requirement of
every law, ordinance, or regulation relating to the same, and no
justification by such insurer shall be necessary.
permitted to be made for the security or protection of any person or
municipality, the state, or any department thereof, or organization,
conditioned for the doing or not doing of anything therein
specified, any such board, court, organization or officer required
or permitted to accept or approve of the sufficiency of such bond,
recognizance, or undertaking, may accept and approve the same when
executed, or when the conditions thereof are guaranteed, solely by
an insurer authorized to transact a surety business in this state in
Oklahoma Statutes - Title 36. Insurance Page 1014
accordance with the requirements of this code. Whenever any such
bond, recognizance, or undertaking is required to be made with one
surety or with two or more sureties, the execution of the same, or
the guarantee of the performance of the conditions thereof, shall be
sufficient when so executed or guaranteed solely by one such
insurer, and shall be a full compliance with every requirement of
every law, ordinance, or regulation relating to the same, and no
justification by such insurer shall be necessary.
Status: in_force · Read it on the official government site
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