§ 511. Security for insured deposits not required
Oklahoma Statutes AnnotatedTitle 62. Public Finance
62 Okl.St.Ann. § 511
§ 511. Security for insured deposits not required
Any custodian of public funds of any kind or character, required by law to secure proper collateral before depositing public funds in a bank or trust company, shall hereafter, in depositing public funds in a bank or trust company whose deposits are insured by the Federal Deposit Insurance Corporation, be required to secure proper collateral only for sums deposited in excess of the amount of deposit insured by such Federal Deposit Insurance Corporation.
Credits
Laws 1935, p. 107, § 1.
62 Okl. St. Ann. § 511, OK ST T. 62 § 511
Current with emergency effective legislation through Chapter 257 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
| End of Document |