Oklahoma Statutes
§ 70-15-209 — No acceleration of remaining bonds due to default.
Oklahoma § 70-15-209
JurisdictionOklahoma
Title 70Schools
This text of Oklahoma § 70-15-209 (No acceleration of remaining bonds due to default.) 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. 70, § 70-15-209 (2026).
Text
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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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Repealed§ 70-1-10
Repealed§ 70-1-101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Repealed§ 70-1-110
RepealedCite This Page — Counsel Stack
Bluebook (online)
Oklahoma § 70-15-209, Counsel Stack Legal Research, https://law.counselstack.com/statute/ok/70/70-15-209.