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Code · Oklahoma · Title 70 — Schools

§70-4003. Limitation on pledging or use of revenue - Bonds not

80 words·~1 min read·/ok/title-70-schools/70-4003

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obligations of State.
No provision of this article shall be construed to authorize the pledging or use of revenue of existing buildings and facilities other than auxiliary enterprises and other self-liquidating buildings and facilities, nor shall any provisions of this article be construed to authorize the pledging or use of any revolving funds. No bonds issued under the authorization of this article shall ever become an obligation or debt of the State of Oklahoma. Laws 1965, c. 396, § 1003.
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