SB 1986 Summary

• Amends 12 O.S. 2011, Section 1553 regarding receiver oaths and bonds in civil procedure.

• Changes gender-specific language from "he" to inclusive "he or she" when describing receiver duties and responsibilities.

• Requires receivers to be sworn, execute undertakings with court-approved sureties, and faithfully discharge their duties under court orders.

• Becomes effective November 1, 2014.