Oklahoma Statutes
§ 70-15-209 — No acceleration of remaining bonds due to default.
Oklahoma·Title 70 Schools
If a school district fails to pay principal or interest on a bond guaranteed by the fund when it matures, other amounts not yet mature are not accelerated and do not become due by virtue of the school district default.
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Oklahoma § 70-15-209 (No acceleration of remaining bonds due to default.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Laws 1994, c. 346, § 9, eff. Nov. 8, 1994.
Nearby Sections
15
§ 70-1-1
Repealed§ 70-1-10
Repealed§ 70-1-101
Oklahoma School Code.§ 70-1-102
Purpose of act.§ 70-1-103
Act to be liberally construed.§ 70-1-107
Educational services - Enumeration.§ 70-1-108
School district - Definition.§ 70-1-109.1
Optional Extended School Year Program.§ 70-1-11
Repealed§ 70-1-110
Repealed