{"data":{"id":"us-ok/okla.-stat.-tit.-19-19-902.14","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 19, § 19-902.14","heading":"Sale of bonds","body":"The board shall sell such bonds from time to time in such\n\nquantities as may be necessary and most advantageous to raise the\n\nmoney for the construction of the proposed work, the acquisition of\n\nproperty and rights and otherwise to fully carry out the objects and\n\npurposes of the Oklahoma Rural Road Improvement District Act.\n\nBefore making any sale of bonds the board shall, at a meeting, by\n\nresolution, declare its intention to sell a specified amount of the\n\nbonds and the day and hour and place of such sale and shall cause\n\nsuch resolution to be entered in the minutes and notice of the sale\n\nto be given by publication thereof at least ten (10) days in some\n\nnewspaper of said county if published in a daily newspaper or two\n\n(2) weeks if published in a weekly newspaper, or said notice may be\n\npublished in two issues of a daily newspaper provided they are\n\npublished a week apart. Said bonds may be sold either at public\n\nauction for cash to the highest bidder or upon sealed bids as\n\ndetermined by the board of directors. At the time appointed, the\n\nboard shall award the purchase of the bonds to the highest\n\nresponsible bidder, but shall reserve and always have the right to\n\nreject any and all bids, but said board shall in no event sell any\n\nof said bonds for less than par with accrued interest.","path":["OK Code","Title 19"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os19.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"ea928a356477d4d8d351e77a26a66090285a4746f3cc132746043cd6c39da1e0","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-19-19-902.13","next":"us-ok/okla.-stat.-tit.-19-19-902.15"},"notice":"GroundRules: Original legal text. Not legal advice."}