§ 438. Bonds for city hall--Rentals paid into sinking fund
Oklahoma Statutes AnnotatedTitle 62. Public Finance
62 Okl.St.Ann. § 438
§ 438. Bonds for city hall--Rentals paid into sinking fund
That all cities in the State of Oklahoma operating under a charter form of government, wherein such cities may hereafter issue bonds for the purpose of raising funds to construct a city hall building, be and are hereby required to pay into the sinking fund for the payment of interest and the retirement of such bonds so issued, all rentals so derived from the use of such parts of the city hall building as are not required for the use of the city, and such rentals so acquired over and above maintenance shall be irrevocably pledged for the payment of the interest and the retirement of such bonds and shall not be used for any other purpose.
Credits
Laws 1925, c. 39, p. 60, § 1, emerg. eff. Feb. 23, 1925.
62 Okl. St. Ann. § 438, OK ST T. 62 § 438
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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