Okla. Stat. tit. 36 § 1608

Current through Laws 2024, c. 453.
Section 1608 - State, district or Canadian obligations

An insurer may invest in bonds, notes, warrants and other securities not in default which are the direct obligations of any state of the United States or of the District of Columbia, or of the government of Canada or any province thereof, or for which the full faith and credit of such state, district, government or province has been pledged for the payment of principal and interest. Bonds, notes, warrants and other securities classified as revenue, prerefunded or declining balances are not considered acceptable investments for this purpose.

Okla. Stat. tit. 36, § 1608

Laws 1957, HB 501, p. 287, § 1608; Amended by Laws 1965, c. 123, § 7; Amended by Laws 2012, HB 2453, c. 44. § 6, eff. 11/1/2012.