Oklahoma Statutes (Last Updated: September 18, 2014)

§ 36-1617. Equipment trust certificates.

Latest version.

An insurer may invest in equipment trust obligations or certificates which in the opinion of the Insurance Commissioner are adequately secured, or other instruments so secured and evidencing an interest in transportation equipment, wholly or in part within the United States, which carry the right to receive determined portions of rental, purchase, or other fixed obligatory payments to be made for the use or purchase of such transportation equipment.

Laws 1957, p. 289, § 1617.

                    
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