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§ 1129. Segregation and use of proceeds from bond sales--Construction contracts

Oklahoma Statutes AnnotatedTitle 82. Waters and Water Rights

Oklahoma Statutes Annotated
Title 82. Waters and Water Rights
Chapter 15. Port Authorities
Bonds
82 Okl.St.Ann. § 1129
§ 1129. Segregation and use of proceeds from bond sales--Construction contracts
The proceeds to be derived from the sale of bonds herein authorized shall be segregated and used solely for the purpose for which the bonds are authorized. The board of directors of a port authority is authorized to make any contracts and execute all instruments which in its discretion may be deemed necessary or advisable to provide for the construction, furnishing and equipping of any building or facility as herein defined.

Credits

Laws 1963, c. 314, § 9, eff. June 19, 1963.
82 Okl. St. Ann. § 1129, OK ST T. 82 § 1129
Current with emergency effective legislation through Chapter 257 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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