Okla. Stat. tit. 62, § 62-57.309: Interim bonds
Where this section sits in the code
- OK Code
- Title 62
The Commission is authorized to issue one or more interim bonds
representative of the bonds so sold, which may be in any
denomination, shall have all the qualities and be secured by all the
covenants and pledges made to secure the bonds so sold; however, the
interim bonds shall represent the bonded debt only until such time
as the definite bonds are printed, executed and delivered to the
purchaser thereof. Tender of any such interim bonds shall not be
valid until the expiration of the period of contestability provided
in this act. Simultaneous with delivery of the definitive bonds,
any such interim bonds shall be surrendered for cancellation and
canceled by the State Treasurer of Oklahoma.
Collected 2026-09-14T18:32:36Z. Source file · JSON