Oklahoma Statutes
§ 58-264 — Borrowing money to pay taxes - Mortgage or pledge of
Oklahoma·Title 58 Probate Procedure
assets. Executors and administrators of estates of deceased persons are authorized to borrow money with which to pay the taxes imposed and levied by the:
(a)United States upon the transfer of the net estates of decedents who are citizens and residents of the United States, (b) State of Oklahoma upon the transfer of the net estate of decedents by will or the intestate laws of Oklahoma, (c) United States and the State of Oklahoma upon the income of such estates and of the decedents, and to mortgage or pledge any of the assets of the estate as security for any such loan. Said executors and administrators are authorized to borrow money to pay any indebtedness incurred on behalf of the estate for such purposes and to mortgage or pledge any of the assets of the estate as security for any such l
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Oklahoma § 58-264 (Borrowing money to pay taxes - Mortgage or pledge of) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Laws 1941, p. 230, § 1.
Nearby Sections
15
§ 58-1002
Beneficiaries.§ 58-1004
Husband and wife.§ 58-1006
Inapplication in certain cases.§ 58-1007
Construction and interpretation.§ 58-1008
Citation.§ 58-102
Executors — Incompetency.§ 58-103
Failure of executors.§ 58-105
Death of an executor.