Okla. Stat. tit. 11, § 11-6-104: Property and obligations after consolidation

All real and personal property belonging to each municipality so

consolidated, and all its notes, bonds, obligations, accounts,

demands, evidences of debt, rights and franchises, books, records,

maps and plats shall become the property of the consolidated

municipal corporation. Each municipality as it existed before

consolidation shall remain liable for all its obligations and

outstanding indebtedness which are due or become due on the day of

the election on consolidation, and the property within such

municipality shall be assessed to pay the obligations and

indebtedness in the same manner as if a consolidation had not taken

place. In no event shall the consolidated municipal corporation be

liable for obligations existing before consolidation unless

expressly provided for by the terms and conditions of consolidation.