Okla. Stat. tit. 47, § 47-7-331
This is the official text of Okla. Stat. tit. 47, § 47-7-331, part of Oklahoma’s Stat. tit. 47, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 47,." Browse the sections below, each linked to its official government source.
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Application of deposit
Official statutory text
Such deposit shall be held by the Department to satisfy, in
accordance with the provisions of this chapter, any execution on a
judgment issued against such a person making the deposit, for
damages, including damages for care and loss of services, because of
bodily injury to or death of any person, or for damages because of
injury to or destruction of property, including the loss of use
thereof, resulting from the ownership, maintenance, use or operation
of a vehicle of a type subject to registration under the laws of
this state after such deposit was made. Money or securities so
Oklahoma Statutes - Title 47. Motor Vehicles Page 423
deposited shall not be subject to attachment or execution unless
such attachment or execution shall arise out of a suit for damages
as aforesaid.
accordance with the provisions of this chapter, any execution on a
judgment issued against such a person making the deposit, for
damages, including damages for care and loss of services, because of
bodily injury to or death of any person, or for damages because of
injury to or destruction of property, including the loss of use
thereof, resulting from the ownership, maintenance, use or operation
of a vehicle of a type subject to registration under the laws of
this state after such deposit was made. Money or securities so
Oklahoma Statutes - Title 47. Motor Vehicles Page 423
deposited shall not be subject to attachment or execution unless
such attachment or execution shall arise out of a suit for damages
as aforesaid.
Status: in_force · Read it on the official government site
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