{"data":{"id":"us-ok/okla.-stat.-tit.-62-62-57.173","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 62, § 62-57.173","heading":"Schedule of repayment - Interest","body":"The 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 January 15 in the years and\n\namounts, respectively, as follows:\n\nYEAR AMOUNT\n\n1976 $ 395,000\n\n1977 420,000\n\n1978 445,000\n\n1979 470,000\n\n1980 495,000\n\n1981 520,000\n\n1982 550,000\n\n1983 580,000\n\n1984 615,000\n\n1985 650,000\n\n1986 685,000\n\n1987 725,000\n\n1988 765,000\n\n1989 810,000\n\n1990 855,000\n\n1991 900,000\n\n1992 950,000\n\n1993 1,000,000\n\n1994 1,055,000\n\n1995 1,115,000\n\nThe Series D Bonds shall bear interest, payable semiannually on\n\nJanuary 15 and July 15 of each year, shall be in such denomination\n\nor denominations, shall be in such form either coupon or registered,\n\nshall carry such registration or conversion privileges, shall be\n\nexecuted in such manner, shall be payable in such medium of payment\n\nat such place or places, as shall 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, at the discretion of the\n\nCommission, be made subject to call and redemption, in inverse order\n\nof bond numbers, at par or with premium, and accrued interest, with\n\nthe detailed provisions for such calling and redemption thereof and\n\nthe amount of the premium, if any, to be fixed by the Commission in\n\nthe resolution or resolutions for the issuance of such bonds. Until\n\nsuch time as the Sinking Fund shall be sufficient to retire all\n\noutstanding State of Oklahoma Building Bonds of 1968, including\n\ninterest thereon, there shall be paid into the Sinking Fund during\n\neach fiscal year from the sources hereinabove pledged such amounts\n\nas shall be necessary to pay the interest and principal as they\n\nbecome due. All bonds issued pursuant to this act shall have all\n\nthe qualities and incidents of negotiable paper, and neither said\n\nbonds nor the interest earned thereon shall be subject to taxation\n\nby the State of Oklahoma or any county, municipality or political\n\nsubdivision 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":"0bb1787347787b3627785dc9409d765ea381c09a6777bce7e12f3ed801baaaec","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-62-62-57.172","next":"us-ok/okla.-stat.-tit.-62-62-57.174"},"notice":"GroundRules: Original legal text. Not legal advice."}