Oklahoma § 62-57.311 - Attorney General to examine proceedings of Commission,

§ 62-57.311. Attorney General to examine proceedings of Commission,

resolutions passed and action taken in sale of bonds - Execution and

filing of Attorney General's certificate - Facsimile of certificate

to appear on bonds - Jurisdiction of litigation - Signatures and

certificate required on bonds - Registration of bonds - Seals.

A. Within ten (10) days after the sale or sales of said bonds,

the Attorney General of the State of Oklahoma shall examine all of

the proceedings of the Commission and all resolutions passed and

actions taken by it in connection with the authorization and

issuance and sale of such bonds and shall, if the Attorney General

finds such bond proceedings and sale to be constitutional and

lawful, execute his or her certificate and file the same of record

in the Office of the Secretary of State of the State of Oklahoma,

which said certificate shall read substantially as follows: "I have

examined all proceedings had in connection with the issuance of the

State of Oklahoma Building Bonds of 1992, Series ___, in the

aggregate principal amount of ____________________________dated

_____, authorized and sold pursuant to the constitutional amendment

identified as House Joint Resolution No. 1076 of the 2nd Session of

the 43rd Oklahoma Legislature and laws of the State of Oklahoma

enacted pursuant thereto, and find said proceedings and sale to be

constitutional, lawful and regular in all particulars and that said

bonds will be valid legal general obligations of the State of

Oklahoma. Unless suit thereon shall be brought in the Supreme Court

of the State of Oklahoma within thirty (30) days from the date of

this certificate, said bonds shall be incontestable for all

purposes. Date _____, Attorney General of the State of Oklahoma."

The procedure above enacted shall be followed after the sale of each

series of bonds, and the above certificate shall be executed by the

Attorney General in the same form and manner, and shall specify the

series and the sum. Upon the filing of such certificate, bonds

issued pursuant to proceedings so examined by the Attorney General

shall be incontestable for all purposes upon the expiration of

thirty (30) days from the date of such certificate, unless suit is

brought in the Supreme Court of Oklahoma prior to the expiration of

said period as provided herein.

B. A facsimile of the Attorney General's certificate shall

appear on each bond issued. The Supreme Court of Oklahoma is hereby

vested with exclusive jurisdiction over any litigation involving the

validity of any bonds issued under this act. All bonds shall bear

the signature of the Governor and the Secretary of State and shall

bear the certificate required by Section 29 of Article X of the

Constitution of the State of Oklahoma. Such bonds shall also be

registered by the Treasurer of the State of Oklahoma or by a market

registrar as determined by the Commission and a statement of such

registration shall appear on the back of each bond. The Commission

Oklahoma Statutes - Title 62. Public Finance

may, by resolution, prescribe that the seal of the State of

Oklahoma, or the seals of any of the officers thereof, and any or

all signatures required to appear on the bonds may be facsimile

seals and signatures.

Added by Laws 1992, c. 350, § 12.