Oklahoma § 36-1609 - County, district, city, school district or Canadian

Full text of Oklahoma Oklahoma Statutes § 36-1609 — County, district, city, school district or Canadian, with citation guidance and answers to common questions.

§ 36-1609. County, district, city, school district or Canadian

obligations.

An insurer may invest in bonds, notes, warrants and other

securities not in default of any county, district, incorporated

city, or school district in any state of the United States, or the

District of Columbia, or in any province of Canada, which are the

direct obligations of such county, district, city or school district

and for payment of the principal and interest of which the county,

district, city, or school district has lawful authority to levy

taxes or make assessments. Bonds, notes, warrants and other

securities classified as revenue, prerefunded or declining balances

are not considered acceptable investments for this purpose.

Added by Laws 1957, p. 287, § 1609, operative July 1, 1957. Amended

by Laws 1965, c. 123, § 8; Laws 2012, c. 44, § 7, eff. Nov. 1, 2012.

Source: official Oklahoma text · Last verified 2026-08-27

Frequently Asked Questions About Oklahoma § 36-1609

What does Oklahoma Statutes § 36-1609 cover?

Section 36-1609 ("County, district, city, school district or Canadian") 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 § 36-1609?

A common citation format is "Oklahoma Statutes § 36-1609" (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 § 36-1609 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.