Statutes » Oklahoma » Stat. tit. 70, » Title 70

Okla. Stat. tit. 70, § 70-15-206

This is the official text of Okla. Stat. tit. 70, § 70-15-206, part of Oklahoma’s Stat. tit. 70, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 70,." Browse the sections below, each linked to its official government source.

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Requirements for districts applying for guarantee

Official statutory text

A. Any district applying to utilize the provisions of this act

for its bonded indebtedness shall:

1. Be certified to be in good standing and be accredited

without probation by the State Board of Education;

2. Verify to the Commissioners that the bond issue involved is

within any limitation provided by law;

3. Comply with such criteria or other requirements deemed

necessary by the Commissioners; and

Oklahoma Statutes - Title 70. Schools Page 685

4. Fully comply with all provisions of the rules promulgated by

the Commissioners pursuant to this act.

B. No guarantee of bonds shall be effective unless approved by

a majority of the Commissioners.

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.