Oklahoma § 12-706.3 - Additional cash deposits
Full text of Oklahoma Oklahoma Statutes § 12-706.3 — Additional cash deposits, with citation guidance and answers to common questions.
§ 12-706.3. Additional cash deposits
If during the appeal of a money judgment, money has been
deposited by the judgment debtor pursuant to Section 706.2 of this
title and the deposit has become insufficient, the judgment creditor
may request the trial court to order the deposit of additional cash.
The request shall be in the form of a written motion which shall
recite the facts which support the request.
If the court finds that the cash deposited is insufficient to
cover the whole amount of the judgment, including interest, costs,
and any attorneys fees, together with costs and interest on the
appeal, the court shall order the deposit of additional cash. If
the additional cash is not deposited within a reasonable time set by
the court, the judgment creditor may thereafter file a Statement of
Judgment, which shall create a lien effective upon its filing with
the county clerk as provided in Section 706 of this title, and may
enforce the judgment against the property of the judgment debtor
including the cash previously deposited with the court clerk.
Added by Laws 1955, p. 135, § 2. Amended by Laws 1983, c. 56, § 3,
eff. Nov. 1, 1983; Laws 1993, c. 351, § 15, eff. Oct. 1, 1993.
Frequently Asked Questions About Oklahoma § 12-706.3
What does Oklahoma Statutes § 12-706.3 cover?
Section 12-706.3 ("Additional cash deposits") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Oklahoma § 12-706.3?
A common citation format is "Oklahoma Statutes § 12-706.3" (Oklahoma). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Oklahoma law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.
How does Oklahoma § 12-706.3 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Oklahoma.