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§ 561. Advances made by United States for planning public works as not creating present indebte...

Oklahoma Statutes AnnotatedTitle 62. Public Finance

Oklahoma Statutes Annotated
Title 62. Public Finance (Refs & Annos)
Chapter 3. Provisions Applicable to State and Subdivisions
Indebtedness
62 Okl.St.Ann. § 561
§ 561. Advances made by United States for planning public works as not creating present indebtedness within meaning of Constitution
It is the sense of the Legislature that the State of Oklahoma, its agencies and subdivisions, counties, cities, towns, and school districts should participate in the Program of Advances for Public Works Planning under Public Law No. 560, 83d Congress, as amended,1 and it is the further sense of the Legislature that any advances of funds made by the United States to the same under such program for the purpose of planning public works in the State of Oklahoma are repayable only when and if the public works so planned is undertaken and does not create any present indebtedness within the meaning of Article X, § 26, of the Constitution of the State of Oklahoma.

Credits

Laws 1961, p. 732, § 1, emerg. eff. July 26, 1961.

Footnotes

12 U.S.C.A. § 1703.
62 Okl. St. Ann. § 561, OK ST T. 62 § 561
Current with emergency effective legislation through Chapter 125 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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