Okla. Stat. tit. 11, § 11-39-114
This is the official text of Okla. Stat. tit. 11, § 11-39-114, 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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Transfer of revenues to general fund
Official statutory text
The governing body may transfer to the general fund of the city
any money obtained from the levy of an assessment for a district if:
1. Bonds were issued to finance the improvement; and
2. The funds obtained by the bonds were spent for the
improvement; and
3. The assessments were levied and collected for the payment of
the bonds; and
4. Either the bondholders are barred by the statute of
limitations or a court judgment or decree from collecting the
indebtedness; or
5. The bonded indebtedness has been paid.
any money obtained from the levy of an assessment for a district if:
1. Bonds were issued to finance the improvement; and
2. The funds obtained by the bonds were spent for the
improvement; and
3. The assessments were levied and collected for the payment of
the bonds; and
4. Either the bondholders are barred by the statute of
limitations or a court judgment or decree from collecting the
indebtedness; or
5. The bonded indebtedness has been paid.
Status: in_force · Read it on the official government site
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