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§ 1623. Purchase money mortgages

Oklahoma Statutes AnnotatedTitle 36. Insurance

Oklahoma Statutes Annotated
Title 36. Insurance (Refs & Annos)
Chapter 1. Insurance Code (Refs & Annos)
Article 16. Investments (Refs & Annos)
36 Okl.St.Ann. § 1623
§ 1623. Purchase money mortgages
An insurer may invest in purchase money mortgages or like securities, received by it upon the sale or exchange of real property theretofore owned by it. Provided, however, such investments shall be subject to the limitations of Section 1622 of this title.

Credits

Laws 1957, p. 290, § 1623, operative July 1, 1957; Laws 1989, c. 181, § 4, eff. Nov. 1, 1989.
36 Okl. St. Ann. § 1623, OK ST T. 36 § 1623
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.
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