Oklahoma Statutes
§ 62-282 — Definitions - Debtor municipal corporation - Creditor
Oklahoma·Title 62 Public Finance
municipal corporation. For the purpose of this Act, a debtor municipal corporation hereunder is hereby defined as a municipal corporation or other political subdivision of this state which is insolvent or unable to meet its debts as they mature. A creditor municipal corporation hereunder is defined as being a municipal corporation or other political subdivision of this state which holds or owns bonds, warrants or securities of a debtor municipal corporation of this state.
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Legislative History
Laws 1935, p. 123, § 1.
Nearby Sections
15
§ 62-10.1
Renumbered§ 62-10.3
Renumbered§ 62-10.4
Renumbered§ 62-11
Bond Commissioner.§ 62-113
Transfer - How made.§ 62-114
Register of bonds - Interest.§ 62-116
Rights of holders.§ 62-117
Fee for transfer.§ 62-120.3
Advertisement and bids.§ 62-120.4
Property accounts.