§ 282. Definitions--Debtor municipal corporation--Creditor municipal corporation
Oklahoma Statutes AnnotatedTitle 62. Public Finance
62 Okl.St.Ann. § 282
§ 282. Definitions--Debtor municipal corporation--Creditor municipal corporation
For the purpose of this act, a debtor municipal corporation hereunder is hereby defined as a municipal corporation or other political subdivision of this state which is insolvent or unable to meet its debts as they mature. A creditor municipal corporation hereunder is defined as being a municipal corporation or other political subdivision of this state which holds or owns bonds, warrants or securities of a debtor municipal corporation of this state.
Credits
Laws 1935, p. 123, § 1, emerg. eff. April 6, 1935.
62 Okl. St. Ann. § 282, OK ST T. 62 § 282
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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