Okla. Stat. tit. 74, § 74-5062.13
This is the official text of Okla. Stat. tit. 74, § 74-5062.13, part of Oklahoma’s Stat. tit. 74, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 74,." Browse the sections below, each linked to its official government source.
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Investment in securities of Oklahoma Development
Official statutory text
Finance Authority.
The bonds, debentures, notes or other evidence of indebtedness
of the Oklahoma Development Finance Authority are hereby made
securities in which all public officers and bodies of this state,
all municipalities and municipal subdivisions, all insurance
companies and associations and other persons carrying on an
insurance business, all banks, bankers, trust companies, savings
banks, savings associations, including savings and loan associations
and building and loan associations, investment companies and other
persons carrying on a banking business, all administrators,
guardians, executors, trustees and other fiduciaries, and all other
persons whatsoever who are now or who may hereafter be authorized to
invest in bonds or other obligations of this state may properly and
legally invest funds including capital in their control or belonging
to them. Notwithstanding any other provision of law, the bonds,
debentures, notes or other evidence of indebtedness of the Authority
are also hereby made securities which may be deposited with and may
Oklahoma Statutes - Title 74. State Government Page 1131
be received by all public officers and bodies of this state and all
municipalities and municipal subdivisions for any purpose for which
the deposit of bonds or other obligations of this state are now or
may hereafter be authorized.
The bonds, debentures, notes or other evidence of indebtedness
of the Oklahoma Development Finance Authority are hereby made
securities in which all public officers and bodies of this state,
all municipalities and municipal subdivisions, all insurance
companies and associations and other persons carrying on an
insurance business, all banks, bankers, trust companies, savings
banks, savings associations, including savings and loan associations
and building and loan associations, investment companies and other
persons carrying on a banking business, all administrators,
guardians, executors, trustees and other fiduciaries, and all other
persons whatsoever who are now or who may hereafter be authorized to
invest in bonds or other obligations of this state may properly and
legally invest funds including capital in their control or belonging
to them. Notwithstanding any other provision of law, the bonds,
debentures, notes or other evidence of indebtedness of the Authority
are also hereby made securities which may be deposited with and may
Oklahoma Statutes - Title 74. State Government Page 1131
be received by all public officers and bodies of this state and all
municipalities and municipal subdivisions for any purpose for which
the deposit of bonds or other obligations of this state are now or
may hereafter be authorized.
Status: in_force · Read it on the official government site
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