Oklahoma § 11-37-107 Bonds for waterworks - Form.

Oklahoma Statutes

§ 11-37-107 — Bonds for waterworks - Form.

Oklahoma § 11-37-107

Title 11Cities And Towns

This text of Oklahoma § 11-37-107 (Bonds for waterworks - Form.) is published on Counsel Stack Legal Research, covering Oklahoma primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Okla. Stat. tit. 11, § 11-37-107 (2026).

Text

Upon the approval of a majority of the registered voters of the municipality voting on the question, the bonds shall be issued by the governing body in the manner provided by the Constitution and laws of Oklahoma. Bonds issued under this section shall be payable not more than twenty-five (25) years from the date of their issue, with interest thereon at a rate not exceeding a maximum rate established by law. The bonds shall be signed by the mayor and countersigned by the municipal clerk. Facsimile signatures may be used as provided in the Registered Public Obligations Act of Oklahoma.

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Upon the approval of a majority of the registered voters of the municipality voting on the question, the bonds shall be issued by the governing body in the manner provided by the Constitution and laws of Oklahoma. Bonds issued under this section shall be payable not more than twenty-five (25) years from the date of their issue, with interest thereon at a rate not exceeding a maximum rate established by law. The bonds shall be signed by the mayor and countersigned by the municipal clerk. Facsimile signatures may be used as provided in the Registered Public Obligations Act of Oklahoma.