Okla. Stat. tit. 69, § 69-1323
This is the official text of Okla. Stat. tit. 69, § 69-1323, part of Oklahoma’s Stat. tit. 69, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 69,." Browse the sections below, each linked to its official government source.
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Assessments - When payable
Official statutory text
(a) The first installment of such assessment, together with
interest upon the whole assessment from the date of the passage of
the assessing ordinance or resolution to the first of the next
September, shall be due and payable on or before the 1st day of
September, next succeeding the passage of the ordinance or
resolution; provided, that if such assessing ordinance or resolution
is not passed prior to the 1st day of July, the first installment of
the assessment shall be due and payable with interest from the date
of passage to the 1st day of September of the following year.
(b) In case any installment or interest is not paid when due,
the unpaid installment and the unpaid interest thereon shall draw
interest at the rate of twelve percent (12%) per annum from maturity
until paid, except as hereinafter otherwise provided.
(c) With respect to assessments levied by any city, such
assessments and interest whether collected by the city or the county
treasurer shall be paid to the city treasurer, who shall keep the
same in a separate special fund for the purpose of paying the bonds
and interest coupons thereon issued against such assessments.
Oklahoma Statutes - Title 69. Roads, Bridges, and Ferries Page 157
(d) With respect to assessments levied by any board of county
commissioners, the same shall be collected by the county treasurer
who shall keep the same in a separate special fund and shall
disburse the same in the payment of bonds and interest coupons
thereon issued against such assessments.
(e) After the payment of all bonds and interest thereon, any
surplus remaining in the fund shall be used by the city or the board
of county commissioners for the purpose of repairing or maintaining
the limited access facility and for no other purpose whatsoever.
interest upon the whole assessment from the date of the passage of
the assessing ordinance or resolution to the first of the next
September, shall be due and payable on or before the 1st day of
September, next succeeding the passage of the ordinance or
resolution; provided, that if such assessing ordinance or resolution
is not passed prior to the 1st day of July, the first installment of
the assessment shall be due and payable with interest from the date
of passage to the 1st day of September of the following year.
(b) In case any installment or interest is not paid when due,
the unpaid installment and the unpaid interest thereon shall draw
interest at the rate of twelve percent (12%) per annum from maturity
until paid, except as hereinafter otherwise provided.
(c) With respect to assessments levied by any city, such
assessments and interest whether collected by the city or the county
treasurer shall be paid to the city treasurer, who shall keep the
same in a separate special fund for the purpose of paying the bonds
and interest coupons thereon issued against such assessments.
Oklahoma Statutes - Title 69. Roads, Bridges, and Ferries Page 157
(d) With respect to assessments levied by any board of county
commissioners, the same shall be collected by the county treasurer
who shall keep the same in a separate special fund and shall
disburse the same in the payment of bonds and interest coupons
thereon issued against such assessments.
(e) After the payment of all bonds and interest thereon, any
surplus remaining in the fund shall be used by the city or the board
of county commissioners for the purpose of repairing or maintaining
the limited access facility and for no other purpose whatsoever.
Status: in_force · Read it on the official government site
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