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

Okla. Stat. tit. 58, § 58-385a: Borrowing money - Mortgage of estate realty - Grant of

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  1. OK Code
  2. Title 58

authority by district court.

In addition to the grounds and reasons now set forth and

provided by law for which the district court may grant authority to

administrators or executors of the estates of deceased persons to

mortgage, by contract, renewal or new mortgage, the real estate of

such estates, the district court may, upon verified petition

supported by sufficient evidence showing that the best interest of

the owners of the real estate belonging to any such estate requires

it, by an Order, grant authority to such administrators or executors

to mortgage the real estate, or any part thereof, except the

homestead, belonging to an estate of a deceased person for the

purpose of borrowing or securing money and funds with which to pay

off and discharge outstanding and unpaid debts against the estate of

such deceased persons, legally ordered and unpaid family allowance

and expenses and charges of administration, whether said property

has or has not before that time been mortgaged by the decedent or by

the administrator or executor of his estate.

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

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