Okla. Stat. tit. 82, § 82-1122
This is the official text of Okla. Stat. tit. 82, § 82-1122, part of Oklahoma’s Stat. tit. 82, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 82,." Browse the sections below, each linked to its official government source.
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Terms, maturities, form, etc. of bonds
Official statutory text
Bonds authorized by this act may be issued in one or more
series, may bear such date or dates, may mature at such time or
times not exceeding forty (40) years from their date, may be in such
denominations and in such form, either coupon or registered, may
carry such registration and conversion privileges, may be executed
in such manner, may be payable in such medium of payment at such
place or places, may be subject to such terms of redemption with or
without premium, and may bear such rate of interest, not exceeding
Oklahoma Statutes - Title 82. Waters and Water Rights Page 290
five percent (5%) per annum, as may be provided by official
resolution of the board of directors of such port authority.
Such bonds may be sold in such manner and at such price or
prices, not less than par plus accrued interest to date of delivery,
as provided in Section 13 of this act, but interest cost to maturity
for bonds issued hereunder shall not exceed five percent (5%) per
annum, computed on the basis of average maturities according to
standard tables of bond values.
series, may bear such date or dates, may mature at such time or
times not exceeding forty (40) years from their date, may be in such
denominations and in such form, either coupon or registered, may
carry such registration and conversion privileges, may be executed
in such manner, may be payable in such medium of payment at such
place or places, may be subject to such terms of redemption with or
without premium, and may bear such rate of interest, not exceeding
Oklahoma Statutes - Title 82. Waters and Water Rights Page 290
five percent (5%) per annum, as may be provided by official
resolution of the board of directors of such port authority.
Such bonds may be sold in such manner and at such price or
prices, not less than par plus accrued interest to date of delivery,
as provided in Section 13 of this act, but interest cost to maturity
for bonds issued hereunder shall not exceed five percent (5%) per
annum, computed on the basis of average maturities according to
standard tables of bond values.
Status: in_force · Read it on the official government site
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