Oklahoma Statutes
§ 11-36-221 — Collection of payments - Bond of clerk - Special fund.
Oklahoma·Title 11 Cities And Towns
The municipal clerk shall be required to execute a good and sufficient bond, with sureties, and in an amount to be approved by the governing body, payable to the municipality, conditioned for the faithful performance of the duties conferred upon the clerk as collector of the assessments. The municipal clerk shall keep an accurate account of all assessment collections made by him, and shall pay to the municipal treasurer daily the amounts of the assessments collected by him. The amounts so collected and paid to the municipal treasurer shall constitute a separate, special fund to be used and applied to the payment of the bonds and interest coupons which are issued against the assessments. After the payment of all bonds and interest thereon, any surplus remaining in the fund shall be used for
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Oklahoma § 11-36-221 (Collection of payments - Bond of clerk - Special fund.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Laws 1977, c. 256, § 36-221, eff. July 1, 1978.
Nearby Sections
15
§ 11-1-101
Short title.§ 11-1-102
Definitions.§ 11-1-103
Saving vested rights.§ 11-10-102
Governing body.§ 11-10-103
Qualifications of councilmembers.§ 11-10-104
Election of mayor and vice-mayor.§ 11-10-105
Duties of mayor and vice-mayor.§ 11-10-108
Council - Meetings.§ 11-10-109
Council - Quorum - Rules and voting.§ 11-10-111
Compensation of elective officers.