Oklahoma § 74-5062.13 - Investment in securities of Oklahoma Development
Full text of Oklahoma Oklahoma Statutes § 74-5062.13 — Investment in securities of Oklahoma Development, with citation guidance and answers to common questions.
§ 74-5062.13. Investment in securities of Oklahoma Development
Finance Authority.
The bonds, debentures, notes or other evidence of indebtedness
of the Oklahoma Development Finance Authority are hereby made
securities in which all public officers and bodies of this state,
all municipalities and municipal subdivisions, all insurance
companies and associations and other persons carrying on an
insurance business, all banks, bankers, trust companies, savings
banks, savings associations, including savings and loan associations
and building and loan associations, investment companies and other
persons carrying on a banking business, all administrators,
guardians, executors, trustees and other fiduciaries, and all other
persons whatsoever who are now or who may hereafter be authorized to
invest in bonds or other obligations of this state may properly and
legally invest funds including capital in their control or belonging
to them. Notwithstanding any other provision of law, the bonds,
debentures, notes or other evidence of indebtedness of the Authority
are also hereby made securities which may be deposited with and may
Oklahoma Statutes - Title 74. State Government
be received by all public officers and bodies of this state and all
municipalities and municipal subdivisions for any purpose for which
the deposit of bonds or other obligations of this state are now or
may hereafter be authorized.
Added by Laws 1987, c. 222, § 61, operative July 1, 1987.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 74-5062.13
What does Oklahoma Statutes § 74-5062.13 cover?
Section 74-5062.13 ("Investment in securities of Oklahoma Development") 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 § 74-5062.13?
A common citation format is "Oklahoma Statutes § 74-5062.13" (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 § 74-5062.13 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.