Sureties - Residence - Corporations.

Checkout our iOS App for a better way to browser and research.

No common carrier authorized to do business in this state, when requiring of any employee a bond or undertaking of any nature whatsoever, shall require as surety thereon any person not a resident of this state; nor shall any such common carrier accept as such surety any company, corporation or association, unless the same is a corporation duly organized under the laws of Oklahoma, or which shall have designated an agent residing within this state upon whom service of legal process against it may be had, as provided by law for foreign corporations doing business in this state, and which shall also have in this state a general office where it shall require that every such bond or undertaking shall be approved, if approved, and canceled if canceled, and where a complete record thereof shall be kept.

R.L. 1910, § 872.


Download our app to see the most-to-date content.