Opinion No. 57-0227

Oklahoma Attorney General Reports

Opinion No. 57-0227

DecidedFebruary 27, 1957

StatusPublished

This text of Opinion No. 57-0227 (Opinion No. 57-0227) is published on Counsel Stack Legal Research, covering Oklahoma Attorney General Reports primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

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Opinion No. 57-0227, (Okla. Super. Ct. 1957).

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Opinion

OPINION — AG — ** SCHOOL DISTRICT — INVESTMENTS ** THE PROVISIONS OF 62 O.S. 479 [62-479] REQUIRE A SCHOOL DISTRICT TO HAVE AVAILABLE, AT THE TIME A CONTRACT IS MADE, THE AMOUNT PAYABLE UNDER SUCH CONTRACT, WHICH, HOWEVER, DOES NOT NECESSARILY MEAN THAT THE SAME MUST BE IN CASH. IT IS BELIEVE THAT THE SAME MIGHT BE IN THE FORM OF A UNITED STATES TREASURY BILL, IF COLLECTIBLE BY THE TIME THE AMOUNT PAYABLE TO THE CONTRACTOR BECOMES DUE. (SECURITY, INVESTMENTS, CONSTRUCTION, BOND ISSUE, LIABILITY, BIDS) CITE: 62 O.S. 348.1 [62-348.1], 62 O.S. 479 [62-479], 70 O.S. 13 [70-13] (J. H. JOHNSON)

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OPINION — AG — ** SCHOOL DISTRICT — INVESTMENTS ** THE PROVISIONS OF 62 O.S. 479 [62-479] REQUIRE A SCHOOL DISTRICT TO HAVE AVAILABLE, AT THE TIME A CONTRACT IS MADE, THE AMOUNT PAYABLE UNDER SUCH CONTRACT, WHICH, HOWEVER, DOES NOT NECESSARILY MEAN THAT THE SAME MUST BE IN CASH. IT IS BELIEVE THAT THE SAME MIGHT BE IN THE FORM OF A UNITED STATES TREASURY BILL, IF COLLECTIBLE BY THE TIME THE AMOUNT PAYABLE TO THE CONTRACTOR BECOMES DUE. (SECURITY, INVESTMENTS, CONSTRUCTION, BOND ISSUE, LIABILITY, BIDS) CITE: 62 O.S. 348.1 [62-348.1], 62 O.S. 479 [62-479], 70 O.S. 13 [70-13] (J. H. JOHNSON)

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Opinion No. 57-0227, Counsel Stack Legal Research, https://law.counselstack.com/opinion/opinion-no-57-0227-oklaag-1957.