Okla. Stat. tit. 36 § 1514

Current through Laws 2024, c. 453.
Section 1514 - Valuation of purchase money mortgages

Purchase money mortgages on real property referred to in subsection A of Section 1513 of this article shall be valued in an amount not exceeding the acquisition cost of the real property covered thereby or ninety percent (90%) of the fair value of such real property, whichever is less.

Okla. Stat. tit. 36, § 1514

Laws 1957, HB 501, p. 285, § 1514.