Okla. Stat. tit. 63, § 63-1-719
This is the official text of Okla. Stat. tit. 63, § 63-1-719, part of Oklahoma’s Stat. tit. 63, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 63,." Browse the sections below, each linked to its official government source.
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Bonds of counties, cities and towns
Official statutory text
Any county, city, or town is hereby authorized to issue bonds
for constructing and equipping a hospital, community mental health
facility, public health center, or related health facility, to be
owned and operated by such county, city, or town in accordance with
standards approved by the State Commissioner of Health; provided,
that such bonds may be issued to construct a jointly owned and
operated hospital, community mental health facility, public health
center, or related health facility, by two or more counties, or by
one or more counties and a city or cities, or by two or more cities.
Except as provided in the Municipal and County Economic and
Community Development Bonds Act pursuant to Section 800 et seq. of
Title 62 of the Oklahoma Statutes, the bonds shall be issued upon
the assent thereto of three-fifths (3/5) of the voters of the
subdivision issuing the bonds, voting at an election held for that
Oklahoma Statutes - Title 63. Public Health and Safety Page 281
purpose. The proposition voted on shall state specifically the type
of hospital facility to be constructed. Such election shall be
called by the governing board or managing body of such subdivision.
Notice of the election shall be published for two (2) successive
weeks in a weekly or daily newspaper, having a general circulation
in the subdivision. The bonds shall be made to mature serially as
now provided by law and shall be sold at an advertised sale under
existing laws. The rate of interest shall not exceed eight percent
(8%) per annum. The bonds shall be submitted to the Attorney
General for his approval as ex officio Bond Commissioner of the
state.
for constructing and equipping a hospital, community mental health
facility, public health center, or related health facility, to be
owned and operated by such county, city, or town in accordance with
standards approved by the State Commissioner of Health; provided,
that such bonds may be issued to construct a jointly owned and
operated hospital, community mental health facility, public health
center, or related health facility, by two or more counties, or by
one or more counties and a city or cities, or by two or more cities.
Except as provided in the Municipal and County Economic and
Community Development Bonds Act pursuant to Section 800 et seq. of
Title 62 of the Oklahoma Statutes, the bonds shall be issued upon
the assent thereto of three-fifths (3/5) of the voters of the
subdivision issuing the bonds, voting at an election held for that
Oklahoma Statutes - Title 63. Public Health and Safety Page 281
purpose. The proposition voted on shall state specifically the type
of hospital facility to be constructed. Such election shall be
called by the governing board or managing body of such subdivision.
Notice of the election shall be published for two (2) successive
weeks in a weekly or daily newspaper, having a general circulation
in the subdivision. The bonds shall be made to mature serially as
now provided by law and shall be sold at an advertised sale under
existing laws. The rate of interest shall not exceed eight percent
(8%) per annum. The bonds shall be submitted to the Attorney
General for his approval as ex officio Bond Commissioner of the
state.
Status: in_force · Read it on the official government site
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