Okla. Stat. tit. 62, § 62-493
This is the official text of Okla. Stat. tit. 62, § 62-493, part of Oklahoma’s Stat. tit. 62, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 62,." Browse the sections below, each linked to its official government source.
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One year deferment on certain foreclosure actions
Official statutory text
There is hereby declared a period of deferment of not longer
than one (1) year from the date of the enactment of this act, during
which time the Federal Land Bank of Wichita and any Federal Land
Bank Association are prohibited from initiating a foreclosure action
in the courts of this state. However, nothing in this act shall
prohibit the Capital Corporation from initiating a foreclosure
action from and after this date so long as the Capital Corporation
Oklahoma Statutes - Title 62. Public Finance Page 441
has determined that the loan or loans held by the borrower or
borrowers are ineligible for restructuring assistance.
than one (1) year from the date of the enactment of this act, during
which time the Federal Land Bank of Wichita and any Federal Land
Bank Association are prohibited from initiating a foreclosure action
in the courts of this state. However, nothing in this act shall
prohibit the Capital Corporation from initiating a foreclosure
action from and after this date so long as the Capital Corporation
Oklahoma Statutes - Title 62. Public Finance Page 441
has determined that the loan or loans held by the borrower or
borrowers are ineligible for restructuring assistance.
Status: in_force · Read it on the official government site
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