Oklahoma § 74-2214 - Contractors - Lessees - Performance bonds
Full text of Oklahoma Oklahoma Statutes § 74-2214 — Contractors - Lessees - Performance bonds, with citation guidance and answers to common questions.
§ 74-2214. Contractors - Lessees - Performance bonds
A. Any person, natural or corporate, who submits a bid on a
contract for work or services, or for the furnishing of materials,
equipment, or supplies, or for the sale of any other thing of value
where a contract is involved, shall submit, at the time of contract
execution, a performance bond in such form and amount as may be
required by the Commission, or any existing statutory provision.
Any lessee leasing any portion of a state park, lake, or recreation
area under the authority of any law shall submit a performance bond
in such form and amount as may be required by the Commission. All
such bonds shall be in such form as is approved by law for other
performance bonds made to the State of Oklahoma, and shall be
deposited with the Secretary of State. This section is cumulative
to existing law, and is intended to require performance security for
contracts and leases involving state parks, lakes, and recreation
Oklahoma Statutes - Title 74. State Government
areas in those instances where no such bonds or other securities are
presently required by law.
B. For the purpose of this section, performance bonds shall
include, but not be limited to, cash payments, cashier's checks and
irrevocable letters of credit.
Added by Laws 2005, c. 363, § 15, eff. Nov. 1, 2005.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 74-2214
What does Oklahoma Statutes § 74-2214 cover?
Section 74-2214 ("Contractors - Lessees - Performance 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 § 74-2214?
A common citation format is "Oklahoma Statutes § 74-2214" (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 § 74-2214 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.