Okla. Stat. tit. 62, § 62-57.128
This is the official text of Okla. Stat. tit. 62, § 62-57.128, 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.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Series A Bonds
Official statutory text
The Series A Bonds shall be serial coupon bonds. Said bonds and
the interest thereon shall be payable at such place or places as may
be designated by the State of Oklahoma Building Bonds Commission.
The Series A Bonds shall mature on January 15 in the years and
amounts, respectively, as follows:
YEARS AMOUNTS
1972 $ 850,000.00
1973 900,000.00
1974 1,000,000.00
1975 1,000,000.00
1976 1,100,000.00
1977 1,100,000.00
1978 1,200,000.00
1979 1,300,000.00
1980 1,300,000.00
1981 1,400,000.00
1982 1,500,000.00
Oklahoma Statutes - Title 62. Public Finance Page 257
1983 1,550,000.00
1984 1,650,000.00
1985 1,750,000.00
1986 1,850,000.00
1987 1,950,000.00
1988 2,050,000.00
1989 2,150,000.00
1990 2,250,000.00
1991 2,450,000.00
The Series A Bonds shall bear interest, payable semiannually on
January 15 and July 15 of each year, may be in such denomination or
denominations, may be in such form either coupon or registered, may
carry such registration or conversion privileges, may be executed in
such manner, may be payable in such medium of payment at such place
or places, as may be provided by resolution or resolutions to be
adopted by the State of Oklahoma Building Bonds Commission,
provided, that all such bonds maturing on and after ten (10) years
from their dates may, at the discretion of the Commission, be made
subject to call and redemption, in inverse order of bond numbers, at
par or with premium, and accrued interest, with the detailed
provisions for such calling and redemption thereof and the amount of
the premium, if any, to be fixed by the Commission in the resolution
or resolutions for the issuance of such bonds. Until such time as
the sinking fund shall be sufficient to retire all outstanding State
of Oklahoma Building Bonds of 1968, including interest thereon,
there shall be paid into the sinking fund during each fiscal year
from the sources hereinabove pledged such amounts as may be
necessary to pay the interest and principal as they become due. All
bonds issued pursuant to this act shall have all the qualities and
incidents of negotiable paper, and neither said bonds nor the
interest earned thereon shall be subject to taxation by the State of
Oklahoma or any county, municipality or political subdivision
thereof.
the interest thereon shall be payable at such place or places as may
be designated by the State of Oklahoma Building Bonds Commission.
The Series A Bonds shall mature on January 15 in the years and
amounts, respectively, as follows:
YEARS AMOUNTS
1972 $ 850,000.00
1973 900,000.00
1974 1,000,000.00
1975 1,000,000.00
1976 1,100,000.00
1977 1,100,000.00
1978 1,200,000.00
1979 1,300,000.00
1980 1,300,000.00
1981 1,400,000.00
1982 1,500,000.00
Oklahoma Statutes - Title 62. Public Finance Page 257
1983 1,550,000.00
1984 1,650,000.00
1985 1,750,000.00
1986 1,850,000.00
1987 1,950,000.00
1988 2,050,000.00
1989 2,150,000.00
1990 2,250,000.00
1991 2,450,000.00
The Series A Bonds shall bear interest, payable semiannually on
January 15 and July 15 of each year, may be in such denomination or
denominations, may be in such form either coupon or registered, may
carry such registration or conversion privileges, may be executed in
such manner, may be payable in such medium of payment at such place
or places, as may be provided by resolution or resolutions to be
adopted by the State of Oklahoma Building Bonds Commission,
provided, that all such bonds maturing on and after ten (10) years
from their dates may, at the discretion of the Commission, be made
subject to call and redemption, in inverse order of bond numbers, at
par or with premium, and accrued interest, with the detailed
provisions for such calling and redemption thereof and the amount of
the premium, if any, to be fixed by the Commission in the resolution
or resolutions for the issuance of such bonds. Until such time as
the sinking fund shall be sufficient to retire all outstanding State
of Oklahoma Building Bonds of 1968, including interest thereon,
there shall be paid into the sinking fund during each fiscal year
from the sources hereinabove pledged such amounts as may be
necessary to pay the interest and principal as they become due. All
bonds issued pursuant to this act shall have all the qualities and
incidents of negotiable paper, and neither said bonds nor the
interest earned thereon shall be subject to taxation by the State of
Oklahoma or any county, municipality or political subdivision
thereof.
Status: in_force · Read it on the official government site
Need a lawyer in Oklahoma?
Find a Oklahoma lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.