Okla. Stat. tit. 74, § 74-5062.15
This is the official text of Okla. Stat. tit. 74, § 74-5062.15, part of Oklahoma’s Stat. tit. 74, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 74,." Browse the sections below, each linked to its official government source.
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Pledge against limitation or alteration of rights of
Official statutory text
bond owners.
The State of Oklahoma does hereby pledge to and agree with the
owners of any bonds issued under this act that the state will not
limit or alter the rights hereby vested in the Authority to fulfill
the terms of any agreements made with the owners thereof or in any
way impair the rights and remedies of the owners until the bonds,
together with the interest thereon, with interest on any unpaid
installments of interest, and all costs and expenses in connection
with any action or proceeding by or on behalf of the owners, are
fully met and discharged. The Authority is authorized to include
this pledge and agreement of the state in any agreement with the
owners of the bonds.
The State of Oklahoma does hereby pledge to and agree with the
owners of any bonds issued under this act that the state will not
limit or alter the rights hereby vested in the Authority to fulfill
the terms of any agreements made with the owners thereof or in any
way impair the rights and remedies of the owners until the bonds,
together with the interest thereon, with interest on any unpaid
installments of interest, and all costs and expenses in connection
with any action or proceeding by or on behalf of the owners, are
fully met and discharged. The Authority is authorized to include
this pledge and agreement of the state in any agreement with the
owners of the bonds.
Status: in_force · Read it on the official government site
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