Okla. Stat. tit. 62, § 62-591
This is the official text of Okla. Stat. tit. 62, § 62-591, 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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Coupon bond or coupon bonds defined
Official statutory text
Whenever the terms "coupon bond" or "coupon bonds" appear in any
statute such terms shall mean any bond, note, or other evidence of
indebtedness of any public entity, department, public trust, or
agency, regardless of whether such instruments are in coupon,
registered, or other form. The use of the word coupon does not
limit the form of instruments authorized to be issued by such
entities. The use of the terms coupon or coupon rate or terms of
similar import shall mean interest or interest rate on bonds
regardless of the form of such bonds and shall not imply that bonds
must bear coupons.
statute such terms shall mean any bond, note, or other evidence of
indebtedness of any public entity, department, public trust, or
agency, regardless of whether such instruments are in coupon,
registered, or other form. The use of the word coupon does not
limit the form of instruments authorized to be issued by such
entities. The use of the terms coupon or coupon rate or terms of
similar import shall mean interest or interest rate on bonds
regardless of the form of such bonds and shall not imply that bonds
must bear coupons.
Status: in_force · Read it on the official government site
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