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Oklahoma
Civil Litigation Funding Registration Bond

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Coverage Amount: $50,000
Term Length: 1 year
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Oklahoma Civil Litigation Funding Bond Guide

You’re financially supporting legal cases through civil litigation funding in Oklahoma, you’ll need a $50,000 surety bond. 

Bond Overview

  • Purpose: To ensure legal financiers uphold funding agreement terms and act ethically 
  • Who Needs It: Civil litigation financiers in Oklahoma
  • Regulating Body: The Oklahoma Department of Consumer Credit
  • Required Coverage: $50,000
  • Premium Rate: Credit-based, starting at $500

What Is an Oklahoma Civil Litigation Funding Bond?

Oklahoma civil litigation funding registration bonds or litigation financier bonds are required for third-party investors who provide financial support in legal cases.

These surety bonds are required by the Department of Consumer Credit for statewide litigation financier registration in Oklahoma. 

How Much Do Litigation Funding Bonds Cost in Oklahoma?

The $50,000 civil litigation funding bond typically costs 1–2% of the bond amount for qualified applicants. That means you could pay as low as $500 for your policy. 

Apply for a free quote now. 

Bond Type
$50,000Civil Litigation Funding Registration Bond

SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees. 

How Does an Oklahoma Civil Litigation Funding Bond Work? 

An Oklahoma civil litigation funding registration bond creates a legal contract between three parties: 

  1. Principal: The litigation financier filing the bond
  2. Obligee: The Oklahoma Department of Consumer Credit
  3. Surety: The provider issuing the bond

The bond contract ensures that you will comply with the Oklahoma Consumer Credit Code. If you fail to do so, the surety will compensate harmed parties up to the bond's value.

Who Needs a Litigation Funding Bond? 

All litigation financiers in Oklahoma need to register with the Department of Consumer Credit and file a $50,000 bond as financial security. 

How Do I Get a Civil Litigation Funding Bond in Oklahoma? 

SuretyBonds.com provides the fastest and easiest way to get a litigation funding bond:

  1. Apply online at SuretyBonds.com 
  2. Get a free quote within one business day
  3. Purchase your bond online
  4. File the bond with the obligee

How Fast Can I Get My Bond? 

We’ll deliver your official bond documentation via email minutes after purchase. 

How Do I Renew My Civil Litigation Funding Bond?

You must renew your bond annually to maintain your litigation financier license. We’ll email and text you the quote invoice during the renewal period. 

Simply pay the renewal invoice to extend the bond term for another year. 

More Resources

Call 1 (800) 308-4358 to talk with a Surety Expert

or

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