{"data":{"id":"us-ok/okla.-stat.-tit.-62-62-57.104","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 62, § 62-57.104","heading":"Serial coupon bonds - Maturities - Interest payment","body":"dates - Call and redemption.\n\nThe Series D Bonds shall be serial coupon bonds. Said bonds and\n\nthe interest thereon shall be payable at such place or places as may\n\nbe designated by the State of Oklahoma Building Bonds Commission.\n\nThe Series D Bonds shall mature on July 15 in the years and amounts,\n\nrespectively, as follows:\n\nYears Amounts\n\n1972 $ 200,000.00\n\n1973 $ 200,000.00\n\n1974 $ 200,000.00\n\n1975 $ 400,000.00\n\n1976 $ 400,000.00\n\n1977 $ 400,000.00\n\n1978 $ 700,000.00\n\n1979 $ 700,000.00\n\n1980 $ 700,000.00\n\n1981 $ 700,000.00\n\n1982 $ 700,000.00\n\n1983 $ 700,000.00\n\n1984 $1,000,000.00\n\n1985 $1,000,000.00\n\n1986 $1,000,000.00\n\n1987 $1,000,000.00\n\n1988 $1,000,000.00\n\n1989 $1,000,000.00\n\n1990 $1,000,000.00\n\n1991 $1,000,000.00\n\n1992 $1,000,000.00\n\n1993 $1,525,000.00\n\nThe Series D Bonds shall bear interest, payable semiannually on\n\nJanuary 15 and July 15 of each year, may be in such denomination or\n\ndenominations, may be secured by a reserve to assure prompt payment\n\nof the principal and interest, may be in such form either coupon or\n\nregistered, may carry such registration or conversion privileges,\n\nmay be executed in such manner, may be payable in such medium of\n\npayment at such place or places, as may be provided by resolution or\n\nresolutions to be adopted by the State of Oklahoma Building Bonds\n\nCommission; provided, that all such bonds maturing on and after ten\n\n(10) years from their dates may be subject to call and redemption,\n\nin inverse order of bond numbers, at par and accrued interest, with\n\nthe detailed provisions for such calling and redemption thereof to\n\nbe fixed by the Commission in the resolution or resolutions for the\n\nissuance of such bonds. Until such time as the sinking fund shall\n\nbe sufficient to retire all outstanding State of Oklahoma\n\nInstitutional Building Bonds of 1965, including interest thereon,\n\nthere shall be paid into the sinking fund during each fiscal year\n\nfrom the sources hereinabove pledged such amounts as may be\n\nnecessary to pay the interest and principal payable during the next\n\nsucceeding fiscal year, and an amount sufficient to satisfy the\n\nreserve requirements as fixed and provided by the State of Oklahoma\n\nBuilding Bonds Commission in its resolution or resolutions\n\nauthorizing the issuance of said bonds. All bonds issued pursuant\n\nto this act shall have all the qualities and incidents of negotiable\n\npaper, and neither said bonds nor the interest earned thereon shall\n\nbe subject to taxation by the State of Oklahoma or any county,\n\nmunicipality or political subdivision thereof.","path":["OK Code","Title 62"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os62.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"c72ffe4ea2080c07e6934e1fac616a4c9e2b043f7ccc6a139ac728c12a384bc8","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-62-62-57.103","next":"us-ok/okla.-stat.-tit.-62-62-57.105"},"notice":"GroundRules: Original legal text. Not legal advice."}