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Oklahoma · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Okla. Stat. tit. 62, § 62-352: Sale at less than ninety-nine percent of par – Penalties

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Where this section sits in the code
  1. OK Code
  2. Title 62

Any member of any board of county commissioners, any member of

any governing body of a municipality or school district, and any

other officer of any of the aforesaid political subdivisions of this

state, or any other officer of any political subdivision of this

state, who shall sell, or agree to sell, or contract to sell at less

than ninety nine percent (99%) of par, any bonds of the political

subdivision, shall be guilty of a misdemeanor, forfeit and be

removed from office, and in addition, be liable on the person’s

official bond for the difference between the sum received and

ninety-nine percent (99%) of the par value of the bonds with accrued

interest thereon.

Collected 2026-09-14T18:32:36Z. Source file · JSON

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