Okla. Stat. tit. 11, § 11-39-117
This is the official text of Okla. Stat. tit. 11, § 11-39-117, 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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Delinquent assessment or installment - Rights and
Official statutory text
remedies for collection of assessment.
A. If the governing body fails or refuses to foreclose and sell
a tract or parcel of land for the delinquent assessment or
installment of the assessment as required in Section 39-116 of this
title, any holder of a bond secured by the assessment may foreclose
the assessment lien on such delinquent property in the manner
provided by law for the foreclosure of mortgages on real estate.
B. Whenever a governing body, board of county commissioners or
local board of education is delinquent in the payment of an
assessment, the holder of any bonds issued against the tract or
parcel of land of the city, county or school district has the rights
and remedies for the collection of the assessment as are given by
law for the collection of judgments against cities, counties and
school districts.
A. If the governing body fails or refuses to foreclose and sell
a tract or parcel of land for the delinquent assessment or
installment of the assessment as required in Section 39-116 of this
title, any holder of a bond secured by the assessment may foreclose
the assessment lien on such delinquent property in the manner
provided by law for the foreclosure of mortgages on real estate.
B. Whenever a governing body, board of county commissioners or
local board of education is delinquent in the payment of an
assessment, the holder of any bonds issued against the tract or
parcel of land of the city, county or school district has the rights
and remedies for the collection of the assessment as are given by
law for the collection of judgments against cities, counties and
school districts.
Status: in_force · Read it on the official government site
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