Okla. Stat. tit. 62, § 62-57.21
This is the official text of Okla. Stat. tit. 62, § 62-57.21, 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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Interim bonds
Official statutory text
The Commission is authorized to issue one or more interim bonds,
representative of the bonds so sold, which said interim bonds may be
in any denomination, shall have all the qualities and be secured by
all of the covenants and pledges made to secure the bonds so sold,
but said interim bonds shall represent the bonded debt only until
such time as the definitive bonds are printed, executed and
delivered to the purchaser thereof. No tender of any such interim
bonds shall be valid until the expiration of the period of
contestability provided in this Act. Simultaneously with delivery
of the definitive bonds, any such interim bonds shall be surrendered
for cancellation and canceled by the state Treasurer of Oklahoma.
representative of the bonds so sold, which said interim bonds may be
in any denomination, shall have all the qualities and be secured by
all of the covenants and pledges made to secure the bonds so sold,
but said interim bonds shall represent the bonded debt only until
such time as the definitive bonds are printed, executed and
delivered to the purchaser thereof. No tender of any such interim
bonds shall be valid until the expiration of the period of
contestability provided in this Act. Simultaneously with delivery
of the definitive bonds, any such interim bonds shall be surrendered
for cancellation and canceled by the state Treasurer of Oklahoma.
Status: in_force · Read it on the official government site
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