Okla. Stat. tit. 62, § 62-282
This is the official text of Okla. Stat. tit. 62, § 62-282, part of Oklahoma’s Stat. tit. 62, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 62,." Browse the sections below, each linked to its official government source.
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Definitions - Debtor municipal corporation - Creditor
Official statutory text
municipal corporation.
For the purpose of this Act, a debtor municipal corporation
hereunder is hereby defined as a municipal corporation or other
political subdivision of this state which is insolvent or unable to
meet its debts as they mature. A creditor municipal corporation
hereunder is defined as being a municipal corporation or other
political subdivision of this state which holds or owns bonds,
warrants or securities of a debtor municipal corporation of this
state.
For the purpose of this Act, a debtor municipal corporation
hereunder is hereby defined as a municipal corporation or other
political subdivision of this state which is insolvent or unable to
meet its debts as they mature. A creditor municipal corporation
hereunder is defined as being a municipal corporation or other
political subdivision of this state which holds or owns bonds,
warrants or securities of a debtor municipal corporation of this
state.
Status: in_force · Read it on the official government site
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