Okla. Stat. tit. 62, § 62-442
This is the official text of Okla. Stat. tit. 62, § 62-442, 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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Courthouse - Use of sinking fund for construction - Tax
Official statutory text
levy - Special courthouse fund - Warrants against fund.
The board of county commissioners is hereby authorized to use
for the purpose of erecting or rebuilding a county courthouse or a
superior court building at such points in the county as the board
may deem necessary and to furnish and equip such building, and for
such purpose, said board is authorized to use any or all of the
unassigned portions of the sinking fund of the county derived from
penalties, interest or forfeitures accrued or to accrue and in
addition thereto, is authorized to make and enter a levy of not to
exceed one (1) mill of tax in any one (1) year and under the
existing laws such tax shall be annually added to the funds herein
provided for and which said levy may be equal to but not to exceed
the constitutional limitation of eight (8) mills; provided further,
that there is hereby authorized to be created by resolution a
courthouse fund of any such county which shall be known and
designated as a special courthouse fund and all monies as aforesaid
shall be converted into and become a part of said special fund and
shall be irrevocably pledged to the payment of the costs of the
construction or rebuilding or repair of any such courthouse. Such
board of county commissioners is further authorized to issue time
warrants against said special fund which shall run serially and
shall bear interest not to exceed six percent (6%), per annum, which
interest shall be payable annually; when such warrants have been
issued, then the levies so made and the accumulations of penalties,
interests and forfeitures which constitute the fund from which such
time warrants are payable; provided, that this act shall not affect
or impair the provisions of Chapter 209, Session Laws of Oklahoma,
1919, being otherwise known as Chapter 80, Session Laws of Oklahoma,
1921.
The board of county commissioners is hereby authorized to use
for the purpose of erecting or rebuilding a county courthouse or a
superior court building at such points in the county as the board
may deem necessary and to furnish and equip such building, and for
such purpose, said board is authorized to use any or all of the
unassigned portions of the sinking fund of the county derived from
penalties, interest or forfeitures accrued or to accrue and in
addition thereto, is authorized to make and enter a levy of not to
exceed one (1) mill of tax in any one (1) year and under the
existing laws such tax shall be annually added to the funds herein
provided for and which said levy may be equal to but not to exceed
the constitutional limitation of eight (8) mills; provided further,
that there is hereby authorized to be created by resolution a
courthouse fund of any such county which shall be known and
designated as a special courthouse fund and all monies as aforesaid
shall be converted into and become a part of said special fund and
shall be irrevocably pledged to the payment of the costs of the
construction or rebuilding or repair of any such courthouse. Such
board of county commissioners is further authorized to issue time
warrants against said special fund which shall run serially and
shall bear interest not to exceed six percent (6%), per annum, which
interest shall be payable annually; when such warrants have been
issued, then the levies so made and the accumulations of penalties,
interests and forfeitures which constitute the fund from which such
time warrants are payable; provided, that this act shall not affect
or impair the provisions of Chapter 209, Session Laws of Oklahoma,
1919, being otherwise known as Chapter 80, Session Laws of Oklahoma,
1921.
Status: in_force · Read it on the official government site
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