Okla. Stat. tit. 62, § 62-72.7: Liability of State Treasurer on default or insolvency of

public depository.

When public deposits are made in accordance with the Security

for Public Deposits Act, the State Treasurer shall not be liable for

any loss resulting from the default or insolvency of a public

depository in the absence of negligence, malfeasance, misfeasance or

nonfeasance on the part of the State Treasurer.