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§ 896. Approval of bonds by Supreme Court

Oklahoma Statutes AnnotatedTitle 19. Counties and County Officers

Oklahoma Statutes Annotated
Title 19. Counties and County Officers
Chapter 20. Sewer Improvement Districts
19 Okl.St.Ann. § 896
§ 896. Approval of bonds by Supreme Court
That the Board is authorized in its discretion to file an application with the Supreme Court of Oklahoma for the approval of any bonds or series of bonds to be issued hereunder, and exclusive original jurisdiction is hereby conferred upon the Supreme Court to hear and determine each such application. It shall be the duty of the Court to give such applications precedence over the other business of the Court and to consider and pass upon the applications and any protests which may be filed thereto as speedily as possible. Notice of the hearing on each application shall be given by a notice published in a newspaper of general circulation in the County that on a day named the Board will ask the Court to hear its application and approve the bonds. Such notice shall inform all persons interested that they may file protests against the issuance of the bonds and be present at the hearing and contest the legality thereof. Such notice shall be published one (1) time not less than ten (10) days prior to the date named for the hearing and the hearing may be adjourned from time to time in the discretion of the Court. If the Court shall be satisfied that the bonds have been properly authorized in accordance with this act1 and that when issued they will constitute valid obligations in accordance with their terms, the Court shall render its written opinion approving the bonds and shall fix the time within which a petition for rehearing may be filed. The decision of the Court shall be a judicial determination of the validity of the bonds, shall be conclusive as to the Board, its officers and agents, and thereafter the bonds so approved and the revenues pledged to their payment shall be incontestable in any court in the State of Oklahoma.

Credits

Laws 1949, p. 186, § 11, emerg. eff. May 12, 1949.

Footnotes

Title 19, §§ 872, 872.1, 874, 879, 880, 884, 890, 891, 893, 896.
19 Okl. St. Ann. § 896, OK ST T. 19 § 896
Current with emergency effective legislation through Chapter 3 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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