Okla. Stat. tit. 11, § 11-37-225
This is the official text of Okla. Stat. tit. 11, § 11-37-225, part of Oklahoma’s Stat. tit. 11, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 11,." Browse the sections below, each linked to its official government source.
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Due date of first installment - Payment of assessments
Official statutory text
- Interest on delinquent installments.
A. The first installment of the assessment, together with
interest upon the whole assessment from the date of the passage of
the assessing ordinance to the first day of the next September,
shall be due and payable in cash on or before the first day of
September next succeeding the passage of the assessing ordinance. If
the assessing ordinance is not passed prior to the first day of July
in any year, the first installment of the assessment shall be due
and payable in cash with interest from the date of the passage of
the assessing ordinance to the first day of September of the
following year.
B. The assessments shall be payable as the several installments
become due, together with the interest thereon, to the municipal
clerk, who shall give proper receipts for the payments, and credit
the payments upon the Assessment Record. In case any installment or
interest is not paid when due, the installment so matured and unpaid
and the unpaid interest thereon shall draw interest at the rate of
twelve percent (12%) per annum from maturity until paid, except as
otherwise provided.
A. The first installment of the assessment, together with
interest upon the whole assessment from the date of the passage of
the assessing ordinance to the first day of the next September,
shall be due and payable in cash on or before the first day of
September next succeeding the passage of the assessing ordinance. If
the assessing ordinance is not passed prior to the first day of July
in any year, the first installment of the assessment shall be due
and payable in cash with interest from the date of the passage of
the assessing ordinance to the first day of September of the
following year.
B. The assessments shall be payable as the several installments
become due, together with the interest thereon, to the municipal
clerk, who shall give proper receipts for the payments, and credit
the payments upon the Assessment Record. In case any installment or
interest is not paid when due, the installment so matured and unpaid
and the unpaid interest thereon shall draw interest at the rate of
twelve percent (12%) per annum from maturity until paid, except as
otherwise provided.
Status: in_force · Read it on the official government site
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