Okla. Stat. tit. 69, § 69-411
This is the official text of Okla. Stat. tit. 69, § 69-411, 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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Default - Collections
Official statutory text
In the event of a default in payment of the principal or
interest on loans made from the State Infrastructure Bank Revolving
Fund pursuant to this act, the Attorney General is empowered and it
shall be the duty of the Attorney General to take actions to collect
any amounts due or owing to the Fund. The Attorney General shall
institute appropriate proceedings to compel the defaulting party and
its officers, agents, and employees to cure the default.
Jurisdiction of any proceedings shall be in the district court of
Oklahoma County.
Oklahoma Statutes - Title 69. Roads, Bridges, and Ferries Page 54
interest on loans made from the State Infrastructure Bank Revolving
Fund pursuant to this act, the Attorney General is empowered and it
shall be the duty of the Attorney General to take actions to collect
any amounts due or owing to the Fund. The Attorney General shall
institute appropriate proceedings to compel the defaulting party and
its officers, agents, and employees to cure the default.
Jurisdiction of any proceedings shall be in the district court of
Oklahoma County.
Oklahoma Statutes - Title 69. Roads, Bridges, and Ferries Page 54
Status: in_force · Read it on the official government site
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