Okla. Stat. tit. 62, § 62-397: Levy of taxes - Sinking fund - Penalty for neglect or

refusal.

In every instance in which any county, city, town, township, the

board of education of any city, or any school district shall issue

bonds under Sections 391 et seq. of this title, it shall be the

imperative duty of the proper officers to provide annually, at the

time of providing for the levy of other taxes, for a tax sufficient

in amount to pay the interest upon said bonds or the coupons as they

become due, and to create a sinking fund, as provided for in this

article, for the payment of the principal of such bonds; and if such

officers fail or neglect to provide for such levy, it shall be the

duty of the county clerk forthwith to do so; and in case any such

officer shall neglect or refuse to levy any such tax at the time

aforesaid, and in case any county clerk shall neglect or refuse to

extend such tax upon the tax roll of the county at the proper time,

then and in that case any such officer so neglecting or refusing to

levy or extend such tax shall be severally and individually liable

and shall also be liable upon his official bond to the holder of any

such bond or coupon falling due during the year for which such tax

should have been levied or extended for the full amount thereof as

soon as the same is due, which liability may be enforced in a civil

action in the name of such holder; and any such officer so

neglecting or refusing to levy or extend such tax shall also be

deemed guilty of a misdemeanor, and on conviction thereof shall be

fined in an amount equal to the amount which it may be shown should

have been so levied or extended during such year, or imprisoned in

the county jail for a term not less than three (3) nor more than

twelve (12) months.