Opinion No. 52-0419

Oklahoma Attorney General Reports

Opinion No. 52-0419

Oklahoma Attorney General Reports·Decided April 19, 1952·Published

Opinion

OPINION — AG — ** TEACHERS' RETIREMENT SYSTEM — INVESTMENT — FUNDS ** IT IS PERMISSIBLE FOR THE BOARD OF TRUSTEES TO SELL BONDS, WHICH IT HOLDS AS AN INVESTMENT FOR THE FUND, AT PRIVATE SALE, AND THAT THE LAW DOES 'NOT' REQUIRE THE BOARD TO SECURE ONE OR MORE BIDS BEFORE MAKING SUCH SALE. (INVESTMENTS, BIDDING, BIDS, COMPETITIVE BIDDING, SALE, BONDS, SECURITIES) CITE: 70 O.S. 17-7 [70-17-7] (TRANSFER PURCHASE, ASSIGN) (J. H. JOHNSON)

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OPINION — AG — ** TEACHERS' RETIREMENT SYSTEM — INVESTMENT — FUNDS ** IT IS PERMISSIBLE FOR THE BOARD OF TRUSTEES TO SELL BONDS, WHICH IT HOLDS AS AN INVESTMENT FOR THE FUND, AT PRIVATE SALE, AND THAT THE LAW DOES 'NOT' REQUIRE THE BOARD TO SECURE ONE OR MORE BIDS BEFORE MAKING SUCH SALE. (INVESTMENTS, BIDDING, BIDS, COMPETITIVE BIDDING, SALE, BONDS, SECURITIES) CITE: 70 O.S. 17-7 [70-17-7] (TRANSFER PURCHASE, ASSIGN) (J. H. JOHNSON)

Opinion No. 52-0419, (Okla. Super. Ct. 1952).

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Opinion No. 52-0419 (Opinion No. 52-0419) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.