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§ 28. Revenue for sinking fund--Uses to which applied

Oklahoma Statutes AnnotatedConstitution of the State of Oklahoma [Annotated]

Oklahoma Statutes Annotated
Constitution of the State of Oklahoma [Annotated] (Refs & Annos)
Article X. .--Revenue and Taxation
Public Indebtedness
OK Const. Art. 10, § 28
§ 28. Revenue for sinking fund--Uses to which applied
Counties, townships, school districts, cities, and towns shall levy sufficient additional revenue to create a sinking fund to be used, first, for the payment of interest coupons as they fall due; second, for the payment of bonds as they fall due; third, for the payments of such parts of judgments as such municipality may, by law, be required to pay.
OK Const. Art. 10, § 28, OK CONST Art. 10, § 28
Current with amendments approved through June 30, 2020.
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