Public-domain · open source
OpenJurist

Okla. Stat. tit. 36, § 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. Laws 1957, p. 285, § 1514.

Official source: Oklahoma Legislature. Reproduced from public-domain Oklahoma statutes; confirm against the official source for the current text. Not legal advice.