Before entering upon his duties, the receiver must be sworn to perform them faithfully, and with one or more sureties, approved by the court or judge; execute an undertaking to such person and in such sum as the court or judge shall direct, to the effect that he will faithfully discharge the duties of receiver in the action, and obey the orders of the court therein.
§ 1553.Oath and Bond
Chapter 30: Receivers · Not amended since adoption on record · Last verified August 3, 2026
In one sentenceRequires a receiver, before starting the job, to be sworn to perform the duties faithfully and to execute a court-approved bond, backed by one or more sureties, promising faithful discharge of those duties and obedience to the court's orders.
Full Text of § 1553
Amendment History
R.L. 1910, § 4981.
Plain-English Summary
Before a receiver can act, Section 1553 requires two things: an oath to perform the duties faithfully, and a bond -- called an undertaking -- with one or more sureties the court approves. The bond runs to whatever person and in whatever amount the court directs, and it commits the receiver to faithfully discharging the job and obeying the court's orders in the case.
Frequently Asked Questions
What does a receiver have to do before taking office in Oklahoma?
Take an oath to perform the duties faithfully and execute a bond, with sureties the court approves, promising faithful performance and obedience to the court's orders.
Who approves the receiver's bond?
The court or judge approves the sureties and sets the sum and the person to whom the bond runs.
What happens if a receiver doesn't post the required bond?
The statute frames the oath and bond as steps the receiver must take before entering upon the duties of the office.
Source & verification. Section text is reproduced verbatim from
Title 12 of the Oklahoma Statutes, enacted by the Oklahoma Legislature.
Last verified August 3, 2026.
· Official source
Also known as: oklahoma receiver bond requirement12 O.S. § 1553receiver oath before taking officereceiver's undertaking oklahoma