Oklahoma § 74-2257 Refund of outstanding series of revenue bonds.

Oklahoma Statutes

§ 74-2257 — Refund of outstanding series of revenue bonds.

Oklahoma·Title 74 State Government

The Commission shall have the power and is authorized to refund the outstanding series of the revenue bonds authorized by this act. The Commission shall pledge to the payment of the principal and interest of the refunded bonds all or any part of the revenues derived from the operation of the parks and lodges controlled and operated by the Commission. If not prohibited by the terms of the revenue bonds, interest earnings on construction funds may be utilized by the Commission as provided by law.

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The Commission shall have the power and is authorized to refund the outstanding series of the revenue bonds authorized by this act. The Commission shall pledge to the payment of the principal and interest of the refunded bonds all or any part of the revenues derived from the operation of the parks and lodges controlled and operated by the Commission. If not prohibited by the terms of the revenue bonds, interest earnings on construction funds may be utilized by the Commission as provided by law.

Oklahoma § 74-2257 (Refund of outstanding series of revenue bonds.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.