Okla. Stat. tit. 11, § 11-37-226
This is the official text of Okla. Stat. tit. 11, § 11-37-226, 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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Collection of payments - Bond of clerk - Special fund
Official statutory text
The municipal clerk shall be required to execute a good and
sufficient bond, with sureties, and in an amount to be approved by
the governing body, payable to the municipality, conditioned for the
faithful performance of the duties conferred upon him as collector
of the assessments. The municipal clerk shall keep an accurate
account of all assessment collections made by him, and shall pay to
the municipal treasurer daily the amounts of the assessments
collected by him. The amounts so collected and paid to the
municipal treasurer shall constitute a separate, special fund to be
used and applied to the payment of bonds and the interest coupons
which are issued against the assessments. After the payment of all
Oklahoma Statutes - Title 11. Cities and Towns Page 391
bonds and interest thereon, any surplus remaining in the fund shall
be paid to the general fund.
sufficient bond, with sureties, and in an amount to be approved by
the governing body, payable to the municipality, conditioned for the
faithful performance of the duties conferred upon him as collector
of the assessments. The municipal clerk shall keep an accurate
account of all assessment collections made by him, and shall pay to
the municipal treasurer daily the amounts of the assessments
collected by him. The amounts so collected and paid to the
municipal treasurer shall constitute a separate, special fund to be
used and applied to the payment of bonds and the interest coupons
which are issued against the assessments. After the payment of all
Oklahoma Statutes - Title 11. Cities and Towns Page 391
bonds and interest thereon, any surplus remaining in the fund shall
be paid to the general fund.
Status: in_force · Read it on the official government site
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