Oklahoma § 62-116 - Rights of holders

Full text of Oklahoma Oklahoma Statutes § 62-116 — Rights of holders, with citation guidance and answers to common questions.

§ 62-116. Rights of holders

The holders of all registered bonds issued pursuant to this act

upon the surrender of and exchange for coupon bonds of this state

shall be entitled to the benefit of any adjudication or

determination of any court of this state authorizing the issuance of

the coupon bonds surrendered in exchange therefor, or determining

the validity of the indebtedness evidenced thereby, and the payment

of the principal and interest of all registered bonds issued

pursuant hereto shall be made and provided for out of the taxes

Oklahoma Statutes - Title 62. Public Finance

provided or levied for the purpose of paying the coupon bonds which

are surrendered in exchange for such registered bonds. The holders

of any registered bond issued pursuant hereto shall be subrogated to

and entitled to all the rights and remedies of the holders of the

coupon bonds surrendered in exchange for such registered bonds.

Laws 1915, c. 209, § 6.

Source: official Oklahoma text · Last verified 2026-08-27

Frequently Asked Questions About Oklahoma § 62-116

What does Oklahoma Statutes § 62-116 cover?

Section 62-116 ("Rights of holders") 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 § 62-116?

A common citation format is "Oklahoma Statutes § 62-116" (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 § 62-116 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.