{"data":{"id":"us-ok/okla.-stat.-tit.-62-62-513","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 62, § 62-513","heading":"Deposits with federal instrumentalities","body":"The State Treasurer, and the treasurers of counties, school\n\ndistricts, cities, towns, municipalities and any other political\n\nsubdivision of the state, and any other officer, board, department\n\nor commission having custody, control and management of any public\n\nor trust fund or funds charged with the safekeeping and deposit of\n\nsaid funds or funds are hereby specifically authorized to deposit\n\nsaid fund or funds in any federally-insured building and loan\n\nassociation wherever located, whether federally or state chartered,\n\nin an amount and to the extent that such deposit is fully insured by\n\nthe Federal Savings and Loan Insurance Corporation or any other\n\ninstrumentality of the United States Government. When any such\n\ninsured deposit is made it shall not be necessary for such\n\ntreasurer, officer, board, department or commission to require any\n\nsecurity, and such insurance shall be accepted in lieu of any\n\nsecurity, restriction or other limitation now required or imposed by\n\nlaw upon the deposit of public funds.","path":["OK Code","Title 62"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os62.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"fa1598175cf592e057f738b084c7dcfcc0b7d6b1ffed822e5043ceeb0f9d7913","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-62-62-511","next":"us-ok/okla.-stat.-tit.-62-62-517.1"},"notice":"GroundRules: Original legal text. Not legal advice."}