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Oklahoma · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Okla. Stat. tit. 18, § 18-489: Fiduciaries - Cost of bond as lawful expense - Amount of

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  1. OK Code
  2. Title 18

bond.

That any receiver, assignee, guardian, trustee, executor,

administrator or other fiduciary, required by law or the order of

any court or judge, to give a bond or other obligations as such, may

include as a part of the lawful expense of executing his trust, such

reasonable sum paid a company authorized under the laws of this

state so to do, for becoming his surety on such bond as may be

allowed by the court in which or a judge before whom, he is required

to account, and when any such bond is signed by a surety company as

surety, the penalty must not be in excess of the value of the

personal property and the probable value of the annual rents,

profits and issues of real property, which are likely to come into

the hands of such receiver, assignee, guardian, trustee, executor,

administrator or other fiduciary. But when real estate is to be

sold an additional bond shall be required in amount equal to the

probable value of such real estate.

Collected 2026-09-14T18:32:36Z. Source file · JSON

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