Oklahoma § 62-753.1 - Issuance of general obligation refunding bonds not to

Full text of Oklahoma Oklahoma Statutes § 62-753.1 — Issuance of general obligation refunding bonds not to, with citation guidance and answers to common questions.

§ 62-753.1. Issuance of general obligation refunding bonds not to

have certain effects.

The issuance of general obligation refunding bonds pursuant to

the General Obligation Public Securities Refunding Act, to refund

all or any portion of outstanding general obligation bonds shall not

have the effect of extinguishing the requirements of either Section

26 or Section 27 of Article X of the Oklahoma Constitution that the

proceeds of such bonds to be refunded shall be expended only for the

purposes or projects for which such bonds were approved. The

issuance of general obligation refunding bonds to refund all or any

portion of outstanding general obligation bonds issued under and

pursuant to Section 27 of Article X of the Oklahoma Constitution

shall not have the effect of extinguishing the requirement that

public utilities purchased, constructed, or repaired with the

proceeds of such bonds shall be owned exclusively by the city or

town which issued such bonds.

Added by Laws 1987, c. 94, § 2, emerg. eff. May 18, 1987.

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

Frequently Asked Questions About Oklahoma § 62-753.1

What does Oklahoma Statutes § 62-753.1 cover?

Section 62-753.1 ("Issuance of general obligation refunding bonds not to") 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 § 62-753.1?

A common citation format is "Oklahoma Statutes § 62-753.1" (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 § 62-753.1 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.