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Code · Oklahoma · Title 70 — Schools

§70-15-207. Inability to pay on guaranteed bond - Notice.

64 words·~1 min read·/ok/title-70-schools/70-15-207

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Immediately following a determination that a school district will be or is unable to pay maturing or matured principal or interest on a guaranteed bond, but not later than the fifth business day before the maturity date, the district shall notify the State Bond Advisor and the Commissioners of the Land Office. Added by Laws 1994, c. 346, § 7, eff. Nov. 8, 1994.
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