Oklahoma § 62-282 - Definitions - Debtor municipal corporation - Creditor
Full text of Oklahoma Oklahoma Statutes § 62-282 — Definitions - Debtor municipal corporation - Creditor, with citation guidance and answers to common questions.
§ 62-282. Definitions - Debtor municipal corporation - Creditor
municipal corporation.
For the purpose of this Act, a debtor municipal corporation
hereunder is hereby defined as a municipal corporation or other
political subdivision of this state which is insolvent or unable to
meet its debts as they mature. A creditor municipal corporation
hereunder is defined as being a municipal corporation or other
political subdivision of this state which holds or owns bonds,
warrants or securities of a debtor municipal corporation of this
state.
Laws 1935, p. 123, § 1.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 62-282
What does Oklahoma Statutes § 62-282 cover?
Section 62-282 ("Definitions - Debtor municipal corporation - Creditor") 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 § 62-282?
A common citation format is "Oklahoma Statutes § 62-282" (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 § 62-282 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.