Oklahoma § 2-4011 - Application for bond approval — Exclusive original
Full text of Oklahoma Oklahoma Statutes § 2-4011 — Application for bond approval — Exclusive original, with citation guidance and answers to common questions.
§ 2-4011. Application for bond approval — Exclusive original
jurisdiction for Supreme Court.
The Oklahoma State University Veterinary Medicine Authority or
the Oklahoma State University Veterinary Medical Trust may file an
application with the Supreme Court of the State of Oklahoma for
approval of any bonds to be issued under the provisions of the
Oklahoma State University Veterinary Medicine Authority Act, and
exclusive original jurisdiction is hereby conferred upon the Supreme
Court to hear and determine such application. The Supreme Court
shall give such applications precedence over the other business of
the Court and consider and determine the validity of the bonds and
consider the application and any protest which may be filed thereto.
Notice of the hearing on each application shall be given by notice
published in a newspaper of general circulation in this state that
on a day named the Authority or the Trust will ask the Court to hear
the application and approve the bonds. Such notice shall inform all
interested parties that they may file a protest against the issuance
of the bonds, may be present at the hearing, and may contest the
legality thereof. Such notice shall be published one 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 is satisfied that the bonds have been properly
authorized in accordance with the Oklahoma State University
Veterinary Medicine Authority Act, and that when issued such bonds
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 the 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
Authority of the Trust, 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.
Added by Laws 2023, c. 297, § 11, eff. July 1, 2023.
Frequently Asked Questions About Oklahoma § 2-4011
What does Oklahoma Statutes § 2-4011 cover?
Section 2-4011 ("Application for bond approval — Exclusive original") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Oklahoma § 2-4011?
A common citation format is "Oklahoma Statutes § 2-4011" (Oklahoma). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Oklahoma law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.
How does Oklahoma § 2-4011 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Oklahoma.