{"data":{"id":"us-ok/okla.-stat.-tit.-60-60-178.13","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 60, § 60-178.13","heading":"Trusts for benefit of hospitals - Exemptions from","body":"beneficiary approval requirements.\n\nAny indebtedness issued by a public trust having as its\n\nprincipal purpose, and which is primarily engaged in, the ownership\n\nand operation of a hospital or related institution, as defined in\n\nSection 1-701 of Title 63 of the Oklahoma Statutes, and the\n\nbeneficiary of which is a county or municipality shall not be\n\nsubject to the beneficiary approval requirements of Section 176 of\n\nTitle 60 of the Oklahoma Statutes, if the indebtedness does not\n\nexceed five percent (5%) of the greater of:\n\n1. The then existing total indebtedness of such trust; or\n\n2. The value of all assets of such trust.","path":["OK Code","Title 60"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os60.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"91b0845ca76904678f9f9551f059a87a763f5a7d727707adb79dcbbd726e0508","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-60-60-178.11","next":"us-ok/okla.-stat.-tit.-60-60-178.3"},"notice":"GroundRules: Original legal text. Not legal advice."}