Oklahoma § 62-292 - Procedure - Notice
Full text of Oklahoma Oklahoma Statutes § 62-292 — Procedure - Notice, with citation guidance and answers to common questions.
§ 62-292. Procedure - Notice
Whenever, after the issuance or approval of said bonds it shall
be determined that the purpose for which said bonds have been issued
by such municipality, political corporation or subdivision of this
state, has ceased to exist, the commissioners, board, council, or
other officers of such municipality, political corporation or
subdivision of this state, shall at its next session, either regular
or special, by resolution declare that the purpose for which said
bonds were issued has so ceased to exist, and pursuant thereto shall
authorize and direct its clerk or secretary to issue and publish
notice of such fact and of its intention to cancel and destroy said
bonds, in some newspaper of general circulation within such
municipality, political corporation or subdivision of this state, or
within the county in which same is located, for at least fourteen
(14) days, two insertions being necessary, and such clerk or
secretary shall immediately upon the passage of such resolution post
copies of such notice in five public places within such
municipality, political corporation or subdivision of this state.
Such notice shall specifically designate the bonds to be canceled,
stating the purpose for which issued, the amount and date thereof,
and shall further state in substance that on a day certain not less
than two (2) weeks from the first publication and posting of said
notice, unless formal objection and protest in writing is made by at
Oklahoma Statutes - Title 62. Public Finance
least one-third (1/3) of the voters, qualified to vote, at the
election by which said bonds were authorized to be issued, the said
commissioners, board, council, or other officers of said
municipality, political corporation or subdivision of this state,
will proceed to cancel and destroy said bonds. Such bonds shall be
destroyed by burning; and the clerk, or secretary, shall make an
entry on the records showing the cancellation and destruction of
said bonds, and the date and reason therefor.
Laws 1919, c. 222, p. 318, Sec. 2.
Frequently Asked Questions About Oklahoma § 62-292
What does Oklahoma Statutes § 62-292 cover?
Section 62-292 ("Procedure - Notice") 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 § 62-292?
A common citation format is "Oklahoma Statutes § 62-292" (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 § 62-292 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.