Oklahoma § 62-72.7 - Liability of State Treasurer on default or insolvency of

Full text of Oklahoma Oklahoma Statutes § 62-72.7 — Liability of State Treasurer on default or insolvency of, with citation guidance and answers to common questions.

§ 62-72.7. Liability of State Treasurer on default or insolvency of

public depository.

When public deposits are made in accordance with the Security

for Public Deposits Act, the State Treasurer shall not be liable for

any loss resulting from the default or insolvency of a public

depository in the absence of negligence, malfeasance, misfeasance or

nonfeasance on the part of the State Treasurer.

Added by Laws 1987, c. 194, § 11, operative July 1, 1987.

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

Related Oklahoma Legal Topics

Frequently Asked Questions About Oklahoma § 62-72.7

What does Oklahoma Statutes § 62-72.7 cover?

Section 62-72.7 ("Liability of State Treasurer on default or insolvency 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 § 62-72.7?

A common citation format is "Oklahoma Statutes § 62-72.7" (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 § 62-72.7 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.