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

Okla. Stat. tit. 36, § 36-4903: Bail bond surety companies - Reserve funds

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Where this section sits in the code
  1. OK Code
  2. Title 36

All surety companies which execute undertakings of bail shall

keep any moneys collected from agents licensed pursuant to Section

1303 of Title 59 of the Oklahoma Statutes as buildup or reserve

funds in segregated interest-bearing trust accounts within this

state in an entity which is insured either by the Federal Deposit

Insurance Corporation or the Federal Savings and Loan Insurance

Corporation.

The interest-bearing trust accounts shall not be pledged or

offered as collateral.

The moneys in the interest-bearing trust accounts shall be used

to satisfy the unfulfilled obligations of the undertakings of bail

written by the agents from whom the moneys have been collected and

to otherwise satisfy the unfulfilled obligations which may be owing

to the surety by such agents.

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

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