{"data":{"id":"us-ok/okla.-stat.-tit.-73-73-180","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 73, § 73-180","heading":"Funding for asbestos abatement and repairs - Bonds","body":"A. The Oklahoma Capitol Improvement Authority may provide for\n\nthe funding for asbestos abatement, repairs, refurbishments,\n\nrenovation, rewiring, and such other costs as deemed necessary by\n\nthe Authority to properties and facilities located in the Oklahoma\n\nState Capitol Complex, including the State Capitol Building, the\n\nWill Rogers Memorial Office Building, the Sequoyah Memorial Office\n\nBuilding and the Historical Society Building, and may hold title to\n\nor a leasehold interest in the facilities until such time as the\n\nindebtedness created pursuant to this section shall be retired or\n\ndefeased. Upon the retirement of the indebtedness created pursuant\n\nto this section, the title to the facilities and improvements\n\nthereon shall be transferred from the Oklahoma Capitol Improvement\n\nAuthority to the Office of Management and Enterprise Services.\n\nB. For the purpose of paying the costs of the projects\n\nauthorized in subsection A of this section, the Authority is hereby\n\nauthorized to borrow monies on the credit of the income and revenues\n\nto be derived from such projects and, in anticipation of the\n\ncollection of such income and revenues, to issue negotiable or\n\ncompetitive bonds not to exceed the sum of Sixteen Million Dollars\n\n($16,000,000.00) as may be determined by the Authority. It is the\n\nintent of the Legislature to appropriate to the Office and\n\nrespective agencies of the state sufficient monies to make rental\n\npayments to the Authority for purposes of retiring the debt created\n\npursuant to this section.\n\nC. The Authority may issue the bonds in one or more series and\n\nin conjunction with other issues of the Authority.\n\nD. Insofar as they are not in conflict with the provisions of\n\nthis section, the provisions of Section 151 et seq. of this title\n\nshall apply to this section.\n\nE. All interest earned on any reserve funds created by such\n\nbonds held by the State Treasurer, as collected, shall be paid into\n\nthe General Revenue Fund.","path":["OK Code","Title 73"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os73.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"5f052b2f6f8d51592c3239909bc30d7bdd2682e16d8bd4be9db102803842a584","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-73-73-179","next":"us-ok/okla.-stat.-tit.-73-73-181"},"notice":"GroundRules: Original legal text. Not legal advice."}