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§ 96. Rate of interest--Payment--Signatures--Recording

Oklahoma Statutes AnnotatedTitle 56. Poor Persons

Oklahoma Statutes Annotated
Title 56. Poor Persons (Refs & Annos)
Chapter 4. County Homes and Farms
Bond Issues
56 Okl.St.Ann. § 96
§ 96. Rate of interest--Payment--Signatures--Recording
Bonds issued as herein provided shall bear interest at a rate not to exceed the maximum rate provided by Section 498.1 of Title 62 of the Oklahoma Statutes, payable semiannually, and of denominations of not less than One Hundred Dollars ($100.00), nor more than One Thousand Dollars ($1,000.00) each. The entire amount shall be payable within twenty-five (25) years. They shall be signed by the chairman of the board of county commissioners, and countersigned by the county clerk. They shall be recorded by the county clerk and by the State Auditor and Inspector, both of whom shall endorse the same on the back thereof. Facsimile signatures may be used as provided by the Registered Public Obligations Act of Oklahoma.1

Credits

Laws 1923, c. 138, § 6; Laws 1979, c. 30, § 15, eff. April 6, 1979; Laws 1983, c. 170, § 39, eff. July 1, 1983.

Footnotes

Section 581 et seq. of title 62.
56 Okl. St. Ann. § 96, OK ST T. 56 § 96
Current with emergency effective legislation through Chapter 295 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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