Okla. Stat. tit. 62, § 62-291
This is the official text of Okla. Stat. tit. 62, § 62-291, 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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When cancellation authorized
Official statutory text
That any municipality, political corporation or subdivision of
this state, which has issued its bonds for any purpose and after the
issuance or approval of said bonds it is determined that the purpose
for which said bonds were issued has ceased to exist, is hereby
authorized to cancel and destroy said bonds, thereby absolving
itself from any liability for the payment of said bonds, or the
coupons thereto attached, in the manner and under the procedure
provided in Section Two hereof.
this state, which has issued its bonds for any purpose and after the
issuance or approval of said bonds it is determined that the purpose
for which said bonds were issued has ceased to exist, is hereby
authorized to cancel and destroy said bonds, thereby absolving
itself from any liability for the payment of said bonds, or the
coupons thereto attached, in the manner and under the procedure
provided in Section Two hereof.
Status: in_force · Read it on the official government site
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