Oklahoma § 69-411 Default - Collections.

Oklahoma Statutes

§ 69-411 — Default - Collections.

Oklahoma·Title 69 Roads, Bridges, And Ferries

In the event of a default in payment of the principal or interest on loans made from the State Infrastructure Bank Revolving Fund pursuant to this act, the Attorney General is empowered and it shall be the duty of the Attorney General to take actions to collect any amounts due or owing to the Fund. The Attorney General shall institute appropriate proceedings to compel the defaulting party and its officers, agents, and employees to cure the default. Jurisdiction of any proceedings shall be in the district court of Oklahoma County.

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In the event of a default in payment of the principal or interest on loans made from the State Infrastructure Bank Revolving Fund pursuant to this act, the Attorney General is empowered and it shall be the duty of the Attorney General to take actions to collect any amounts due or owing to the Fund. The Attorney General shall institute appropriate proceedings to compel the defaulting party and its officers, agents, and employees to cure the default. Jurisdiction of any proceedings shall be in the district court of Oklahoma County.

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