{"data":{"id":"us-ok/okla.-stat.-tit.-62-62-57.128","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 62, § 62-57.128","heading":"Series A Bonds","body":"The Series A 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 A Bonds shall mature on January 15 in the years and\n\namounts, respectively, as follows:\n\nYEARS AMOUNTS\n\n1972 $ 850,000.00\n\n1973 900,000.00\n\n1974 1,000,000.00\n\n1975 1,000,000.00\n\n1976 1,100,000.00\n\n1977 1,100,000.00\n\n1978 1,200,000.00\n\n1979 1,300,000.00\n\n1980 1,300,000.00\n\n1981 1,400,000.00\n\n1982 1,500,000.00\n\n1983 1,550,000.00\n\n1984 1,650,000.00\n\n1985 1,750,000.00\n\n1986 1,850,000.00\n\n1987 1,950,000.00\n\n1988 2,050,000.00\n\n1989 2,150,000.00\n\n1990 2,250,000.00\n\n1991 2,450,000.00\n\nThe Series A 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 in such form either coupon or registered, may\n\ncarry such registration or conversion privileges, may be executed in\n\nsuch manner, may be payable in such medium of payment at such place\n\nor places, as may be provided by resolution or resolutions to be\n\nadopted by the State of Oklahoma Building Bonds Commission,\n\nprovided, that all such bonds maturing on and after ten (10) years\n\nfrom their dates may, at the discretion of the Commission, be made\n\nsubject to call and redemption, in inverse order of bond numbers, at\n\npar or with premium, and accrued interest, with the detailed\n\nprovisions for such calling and redemption thereof and the amount of\n\nthe premium, if any, to be fixed by the Commission in the resolution\n\nor resolutions for the issuance of such bonds. Until such time as\n\nthe sinking fund shall be sufficient to retire all outstanding State\n\nof Oklahoma Building Bonds of 1968, 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 as they become due. All\n\nbonds issued pursuant to this act shall have all the qualities and\n\nincidents of negotiable paper, and neither said bonds nor the\n\ninterest earned thereon shall be subject to taxation by the State of\n\nOklahoma or any county, municipality or political subdivision\n\nthereof.","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":"3755e518eb183fd7db3ce73a8976708fa9599a3b18ac95a4eeaeefa5869541ff","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-62-62-57.127","next":"us-ok/okla.-stat.-tit.-62-62-57.129"},"notice":"GroundRules: Original legal text. Not legal advice."}
