Okla. Stat. tit. 70, § 70-4009
This is the official text of Okla. Stat. tit. 70, § 70-4009, part of Oklahoma’s Stat. tit. 70, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 70,." Browse the sections below, each linked to its official government source.
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Public funds, etc., may be invested in bonds
Official statutory text
Any bank, trust or insurance company organized under the laws of
Oklahoma may invest its capital, surplus and reserves in bonds
Oklahoma Statutes - Title 70. Schools Page 1626
issued under the provisions of this article. The officers having
charge of any sinking fund or any other fund of the state or any
department, agency or institution thereof, including the various
funds established by Article 17 of the Oklahoma School Code, or any
county, city, town, or school district in the state, may invest such
funds in bonds issued under the provisions of this article at the
reasonable market value thereof. Such bonds are also 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 reserves in bonds
Oklahoma Statutes - Title 70. Schools Page 1626
issued under the provisions of this article. The officers having
charge of any sinking fund or any other fund of the state or any
department, agency or institution thereof, including the various
funds established by Article 17 of the Oklahoma School Code, or any
county, city, town, or school district in the state, may invest such
funds in bonds issued under the provisions of this article at the
reasonable market value thereof. Such bonds are also 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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