Okla. Stat. tit. 62, § 62-352
This is the official text of Okla. Stat. tit. 62, § 62-352, 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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Sale at less than ninety-nine percent of par – Penalties
Official statutory text
Any member of any board of county commissioners, any member of
any governing body of a municipality or school district, and any
other officer of any of the aforesaid political subdivisions of this
state, or any other officer of any political subdivision of this
state, who shall sell, or agree to sell, or contract to sell at less
than ninety nine percent (99%) of par, any bonds of the political
subdivision, shall be guilty of a misdemeanor, forfeit and be
removed from office, and in addition, be liable on the person’s
official bond for the difference between the sum received and
ninety-nine percent (99%) of the par value of the bonds with accrued
interest thereon.
any governing body of a municipality or school district, and any
other officer of any of the aforesaid political subdivisions of this
state, or any other officer of any political subdivision of this
state, who shall sell, or agree to sell, or contract to sell at less
than ninety nine percent (99%) of par, any bonds of the political
subdivision, shall be guilty of a misdemeanor, forfeit and be
removed from office, and in addition, be liable on the person’s
official bond for the difference between the sum received and
ninety-nine percent (99%) of the par value of the bonds with accrued
interest thereon.
Status: in_force · Read it on the official government site
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