{"data":{"id":"us-ok/okla.-stat.-tit.-69-69-1718","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 69, § 69-1718","heading":"Judicial determination of validity of bonds","body":"The Authority is authorized in its discretion to file an\n\napplication with the Supreme Court of Oklahoma for the approval of\n\nany bonds to be issued hereunder, and exclusive original\n\njurisdiction is hereby conferred upon the Supreme Court to hear and\n\ndetermine each such application. It shall be the duty of the Court\n\nto give such applications precedence over the other business of the\n\nCourt and to consider and pass upon the applications and any\n\nprotests which may be filed thereto as speedily as possible. Notice\n\nof the hearing on each application shall be given by a notice\n\npublished in a newspaper of general circulation in the state that on\n\na day named the Authority will ask the Court to hear its application\n\nand approve the bonds. Such notice shall inform all persons\n\ninterested that they may file protests against the issuance of the\n\nbonds and be present at the hearing and contest the legality\n\nthereof. Such notice shall be published one time not less than ten\n\n(10) days prior to the date named for the hearing and the hearing\n\nmay be adjourned from time to time in the discretion of the Court.\n\nIf the Court shall be satisfied that the bonds have been properly\n\nauthorized in accordance with this article and that when issued,\n\nthey will constitute valid obligations in accordance with their\n\nterms, the Court shall render its written opinion approving the\n\nbonds and shall fix the time within which a petition for rehearing\n\nmay be filed. The decision of the Court shall be a judicial\n\ndetermination of the validity of the bonds, shall be conclusive as\n\nto the Authority, its officers and agents, and thereafter the bonds\n\nso approved and the revenues pledged to their payment shall be\n\nincontestable in any court in the State of Oklahoma.","path":["OK Code","Title 69"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os69.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"1ce78bb15e51560d23ae491907b72b87b8cc30d70f945a182ae2978c80d374c2","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-69-69-1717.1","next":"us-ok/okla.-stat.-tit.-69-69-1719"},"notice":"GroundRules: Original legal text. Not legal advice."}
