Oklahoma § 58-265 Approval of contract by judge of district court -

Oklahoma Statutes

§ 58-265 — Approval of contract by judge of district court -

Oklahoma § 58-265

Title 58Probate Procedure

This text of Oklahoma § 58-265 (Approval of contract by judge of district court -) is published on Counsel Stack Legal Research, covering Oklahoma primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Okla. Stat. tit. 58, § 58-265 (2026).

Text

Procedure - Limitation to two thirds of appraised value, exception as to. Any contract for the borrowing of money or the mortgaging or pledging of the assets of the estate for any of the purposes stated in Section 264 of this title must have the approval of the judge of the district court having jurisdiction of the settlement of the estate and the procedure therefor shall be the same procedure as that provided for in Sections 385-b (as amended), 385-c, and 385-d of this title, except that personal property may be mortgaged or pledged as security for such indebtedness without limitation to two- thirds (2/3) of the appraised value thereof.

Free access — add to your briefcase to read the full text and ask questions with AI

Procedure - Limitation to two thirds of appraised value, exception as to. Any contract for the borrowing of money or the mortgaging or pledging of the assets of the estate for any of the purposes stated in Section 264 of this title must have the approval of the judge of the district court having jurisdiction of the settlement of the estate and the procedure therefor shall be the same procedure as that provided for in Sections 385-b (as amended), 385-c, and 385-d of this title, except that personal property may be mortgaged or pledged as security for such indebtedness without limitation to two- thirds (2/3) of the appraised value thereof.