Oklahoma § 62-482 - Maturity of warrants - Right of action - Limitations

§ 62-482. Maturity of warrants - Right of action - Limitations

From and after the passage of this act, without regard to the

time when funds may be collected and are available to pay the same,

any and all warrants issued in payment of obligations of counties,

townships, cities, towns and other municipal subdivisions or

corporations of this state, shall as to time of payment, become due

one (1) year after the close of the fiscal year for which the same

was issued, and action thereon may be commenced in any court of

competent jurisdiction to enforce the liability evidenced thereby.

Unless action be commenced by the filing of suit thereon and service

of summons by the aforesaid due date, the same shall be forever

thereafter barred, and it shall not be necessary that such lapse of

Oklahoma Statutes - Title 62. Public Finance

time be asserted as a defense in any such action in order that the

defendant be relieved of liability thereon.

Added by Laws 1935, p. 127, § 1, emerg. eff. May 8, 1935. Amended

by Laws 1988, c. 90, § 7, operative July 1, 1988; Laws 2004, c. 361,

§ 11, eff. July 1, 2004.