Okla. Stat. tit. 62, § 62-57.123: Issuance and sale of bonds - Series
Where this section sits in the code
- OK Code
- Title 62
The Commission, acting for and on behalf of the State of
Oklahoma, shall issue, sell and deliver, as hereinafter provided,
"State of Oklahoma Building Bonds of 1968" in the principal sum of
Ninety-nine Million Eight Hundred Eight Thousand Dollars
($99,808,000.00). The Commission is hereby authorized and directed
to issue, sell and deliver said bonds as follows:
Series A, in the principal sum of Thirty Million Three Hundred
Thousand Dollars ($30,300,000.00) on or about July 15, 1969;
Series B, in the principal sum of Twenty-five Million Dollars
($25,000,000.00), on or about July 15, 1970;
Series C, in the principal sum of Twenty-five Million Dollars
($25,000,000.00), on or about July 15, 1971; and
Series D, in the principal sum equal to the balance of the
amount authorized in Section 38, Article X of the Oklahoma
Constitution.
The bonds in Series B, C and D shall not be sold, issued or
delivered until the Legislature has enacted a bill or joint
resolution (1) confirming the authorization contained in this
section, (2) confirming or adjusting the amount of bonds to be sold
and (3) determining the schedule for the payments into the sinking
fund and maturity schedule for such series. All proceeds from the
sale of such bonds shall be deposited in the State Treasury to the
credit of the "State of Oklahoma Building Bonds of 1968 Fund" which
is hereby created.
Collected 2026-09-14T18:32:36Z. Source file · JSON