Okla. Stat. tit. 74, § 74-2268: Application for approval of bonds - Jurisdiction of

Supreme Court - Notice and hearing - Incontestability.

The Commission is authorized in its discretion to file an

application with the Supreme Court of Oklahoma for the approval of

any series of bonds to be issued hereunder, and exclusive original

jurisdiction is hereby conferred upon the Supreme Court to hear and

determine each such application. It shall be the duty of the Court

to give such applications precedence over the other business of the

Court and to consider and pass upon the applications any protests

which may be filed thereto as speedily as possible. Notice of the

hearing on each application shall be given by a notice published in

a newspaper of general circulation in the state informing that, on a

day named, the Commission will ask the Court to hear its application

and approve bonds. Such notice shall inform all persons interested

that they may file protest against the issuance of the bonds and be

present at the hearing and contest the legality thereof. Such

notice shall be published one time not less than ten (10) days prior

to the date named for the hearing, and the hearing may be adjourned

from time to time in the discretion of the Court. If the Court

shall be satisfied that the bonds have been properly authorized in

accordance with this act and that when issued they will constitute

valid obligations in accordance with their terms, the Court shall

render its written opinion approving the bonds and shall fix the

time within which a petition for rehearing may be filed. The

decision of the Court shall be a judicial determination of the

validity of the bonds and shall be conclusive as to the Commission,

its officers and agents. Thereafter, the bonds so approved and the

revenue pledged to their payment and the provision and agreements

contained in the bond resolution for the security of such bonds

shall be incontestable in any court in the State of Oklahoma.