{"data":{"id":"us-ok/okla.-stat.-tit.-3-3-65.10v1","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 3, § 3-65.10v1","heading":"Bond issues - Financing acquisitions, costs and","body":"improvements.\n\nThe cost of planning and acquiring, establishing, developing,\n\nconstructing, enlarging, improving, or equipping, an airport,\n\nvertiport, or air navigation facility, or the site therefor,\n\nincluding buildings and other facilities incidental to the operation\n\nthereof, and the acquisition or elimination of airport hazards, may\n\nbe paid for wholly or partly from the proceeds of the sale of bonds\n\nor notes of the municipality, as the governing body of the\n\nmunicipality shall determine. For such purposes a municipality may\n\nissue general or special obligation bonds, revenue bonds or other\n\nforms of bonds or notes, secured or unsecured, including refunding\n\nbonds, in the manner and within the limitations prescribed by the\n\nlaws of this state or the charter of the municipality for the\n\nauthorization and issuance of bonds or notes thereof for public\n\npurposes generally. Any bonds or notes issued by a municipality\n\npursuant to this act which are payable, as to principal and\n\ninterest, solely from the revenues of an airport, vertiport, or air\n\nnavigation facility (and such bonds or notes shall so state on their\n\nface) shall not constitute a debt of such municipality within the\n\nmeaning of any constitutional or statutory debt limitation or\n\nrestriction. In any suit, action or proceeding involving the\n\nsecurity, or the validity or enforceability, of any bond or note\n\nissued by a municipality, which bond or note states on its face that\n\nit was issued pursuant to the provisions of this act and for a\n\npurpose or purposes authorized to be accomplished by this act, such\n\nbond or note shall be conclusively deemed to have been issued\n\npursuant to this act for such purpose or purposes.","path":["OK Code","Title 3"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os3.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"c891dcea8963063bd2e0371c85bc89a06c0d942ed361b638ec588f7ef3e74334","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-3-3-65.10","next":"us-ok/okla.-stat.-tit.-3-3-65.10v2"},"notice":"GroundRules: Original legal text. Not legal advice."}