Okla. Stat. tit. 62, § 62-351: Sales of bonds - Minimum net value plus interest

It shall be unlawful for any board of county commissioners,

governing body of any municipality or school district or any other

officer of any such political subdivision of this state, to sell,

agree to sell or contract to sell any bonds issued by a vote of the

people for any sum less than ninety-nine percent (99%) of the face

amount thereof with accrued interest added, and any and all

commission allowed any firm, person or corporation for the sale of

such bonds must, after being deducted from the sum total for which

said bonds are sold, leave in the treasury the sum equal to at least

ninety-nine percent (99%) of the face value of the bonds and accrued

interest thereof.