Oklahoma § 19-627 - County, city, town or school district - Insurance of
Full text of Oklahoma Oklahoma Statutes § 19-627 — County, city, town or school district - Insurance of, with citation guidance and answers to common questions.
§ 19-627. County, city, town or school district - Insurance of
buildings and property.
The governing board of any county, city, town, or school
district, dependent or independent, is hereby authorized to insure
or cause to be insured, at the cost of such municipality, any or all
of the public buildings and property or other tangible and insurable
assets owned or held by such municipality, in the name of the lawful
treasurer of such municipality. In event of destruction or damage
to such buildings or property, or loss of other tangible and
insurable assets, so insured, such treasurer shall demand and
receive the moneys due on account of such insurance, and when so
received, he shall deposit the same as other moneys belonging to
such municipality and he shall credit the same to a special account
on his records and it shall be used solely to rebuild, repair, or
replace the property or assets so lost, damaged, or destroyed, and
shall be disbursed in payment of lawful warrants drawn by such
governing board for such purpose, the same as other public funds are
disbursed. If not so needed, upon resolution to that effect by the
governing board, the same shall be considered income from sources
other than ad valorem tax and credited to the general fund of such
municipality.
R.L. 1910, § 1734. Amended by Laws 1941, p. 64, § 1.
Oklahoma Statutes - Title 19. Counties and County Officers
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 19-627
What does Oklahoma Statutes § 19-627 cover?
Section 19-627 ("County, city, town or school district - Insurance of") 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 § 19-627?
A common citation format is "Oklahoma Statutes § 19-627" (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 § 19-627 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.