Okla. Stat. tit. 58, § 58-265
This is the official text of Okla. Stat. tit. 58, § 58-265, part of Oklahoma’s Stat. tit. 58, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 58,." Browse the sections below, each linked to its official government source.
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Approval of contract by judge of district court -
Official statutory text
Procedure - Limitation to two thirds of appraised value, exception
as to.
Any contract for the borrowing of money or the mortgaging or
pledging of the assets of the estate for any of the purposes stated
in Section 264 of this title must have the approval of the judge of
the district court having jurisdiction of the settlement of the
estate and the procedure therefor shall be the same procedure as
that provided for in Sections 385-b (as amended), 385-c, and 385-d
of this title, except that personal property may be mortgaged or
pledged as security for such indebtedness without limitation to two-
thirds (2/3) of the appraised value thereof.
as to.
Any contract for the borrowing of money or the mortgaging or
pledging of the assets of the estate for any of the purposes stated
in Section 264 of this title must have the approval of the judge of
the district court having jurisdiction of the settlement of the
estate and the procedure therefor shall be the same procedure as
that provided for in Sections 385-b (as amended), 385-c, and 385-d
of this title, except that personal property may be mortgaged or
pledged as security for such indebtedness without limitation to two-
thirds (2/3) of the appraised value thereof.
Status: in_force · Read it on the official government site
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