§36-1514. Valuation of purchase money mortgages.

36 OK Stat § 36-1514 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

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.