Funds in the hands of a receiver may be invested upon interest, by order of the court; but no such order shall be made, except upon the consent of all the parties to the action.
§ 1555.Investment of Funds
Chapter 30: Receivers · Not amended since adoption on record · Last verified August 3, 2026
In one sentenceAllows a court to order that funds held by a receiver be invested at interest, but only with the consent of every party to the action.
Full Text of § 1555
Amendment History
R.L. 1910, § 4983.
Plain-English Summary
Section 1555 lets receivership funds earn interest instead of sitting idle, but only if the court orders the investment and every party to the action consents. Without unanimous consent, the court can't make that order.
Frequently Asked Questions
Can a receiver invest money it's holding?
Only by order of the court, and the court can't make that order unless all parties to the action consent.
What if one party objects to investing the receivership funds?
The statute requires the consent of all parties, so a single objection blocks the investment order.
Who decides how receivership funds get invested?
The court sets the terms by order, once every party has consented.
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: investing receivership funds oklahoma12 O.S. § 1555receiver funds interest investmentconsent required to invest receiver money