Oklahoma § 70-4009 - Public funds, etc., may be invested in bonds
Full text of Oklahoma Oklahoma Statutes § 70-4009 — Public funds, etc., may be invested in bonds, with citation guidance and answers to common questions.
§ 70-4009. Public funds, etc., may be invested in bonds
Any bank, trust or insurance company organized under the laws of
Oklahoma may invest its capital, surplus and reserves in bonds
Oklahoma Statutes - Title 70. Schools
issued under the provisions of this article. The officers having
charge of any sinking fund or any other fund of the state or any
department, agency or institution thereof, including the various
funds established by Article 17 of the Oklahoma School Code, or any
county, city, town, or school district in the state, may invest such
funds in bonds issued under the provisions of this article at the
reasonable market value thereof. Such bonds are also approved as
collateral security for the deposit of any public funds and for the
investment of trust funds.
Laws 1965, c. 396, § 1009.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 70-4009
What does Oklahoma Statutes § 70-4009 cover?
Section 70-4009 ("Public funds, etc., may be invested in bonds") 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 § 70-4009?
A common citation format is "Oklahoma Statutes § 70-4009" (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 § 70-4009 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.