{"data":{"id":"us-ok/okla.-stat.-tit.-11-11-39-113","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 11, § 11-39-113","heading":"Use of revenues","body":"A. All money received by the city from any special assessment\n\nor assessment within a district shall be held in a special fund and\n\nused to:\n\n1. Pay the cost of the improvement for which the assessment was\n\nmade;\n\n2. Reimburse the city for any work performed or cost incurred\n\nby the city in constructing the improvement; or\n\n3. Pay the interest and principal due on any outstanding\n\nnegotiable bonds, including replenishment of debt service reserves,\n\nreimbursements to bond insurers or other providers of credit\n\nenhancement, and other payments required in connection with bonds\n\nissued to pay for improvements.\n\nB. Any person who uses money in a district fund other than as\n\nprovided in this section is guilty of a Class D3 felony offense and\n\nshall be punished by a fine not exceeding One Thousand Dollars\n\n($1,000.00), or by imprisonment as provided for in subsections B\n\nthrough F of Section 20P of Title 21 of the Oklahoma Statutes, or by\n\nboth such fine and imprisonment, in the discretion of the court.","path":["OK Code","Title 11"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os11.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"3cfa01f2cc470beb6f83f11c19b5b5bd02dd5e640a48aac0e703eadf4b947511","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-11-11-39-112","next":"us-ok/okla.-stat.-tit.-11-11-39-114"},"notice":"GroundRules: Original legal text. Not legal advice."}
