Okla. Stat. tit. 62, § 62-57.131
This is the official text of Okla. Stat. tit. 62, § 62-57.131, 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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Investment - Approval as collateral security
Official statutory text
Any bank, trust or insurance company organized under the laws of
Oklahoma may invest its capital, surplus and reserve funds and other
funds under its control in bonds issued under the provisions of this
Oklahoma Statutes - Title 62. Public Finance Page 259
act. The officers having charge of any fund of the State of
Oklahoma, or any department, agency, or institution thereof or any
sinking fund of any county, city, town, township, board of education
or school district may invest such funds in bonds issued under the
provisions hereof. Such bonds shall also be approved as collateral
security for the deposit of any public funds and for the investment
of trust funds.
Oklahoma may invest its capital, surplus and reserve funds and other
funds under its control in bonds issued under the provisions of this
Oklahoma Statutes - Title 62. Public Finance Page 259
act. The officers having charge of any fund of the State of
Oklahoma, or any department, agency, or institution thereof or any
sinking fund of any county, city, town, township, board of education
or school district may invest such funds in bonds issued under the
provisions hereof. Such bonds shall also be approved as collateral
security for the deposit of any public funds and for the investment
of trust funds.
Status: in_force · Read it on the official government site
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