Oklahoma § 62-891.6 - Bonds and other obligations
Full text of Oklahoma Oklahoma Statutes § 62-891.6 — Bonds and other obligations, with citation guidance and answers to common questions.
§ 62-891.6. Bonds and other obligations
A. No bonds or other obligations issued by the Authority
pursuant to the provisions of the Oklahoma Community Economic
Development Pooled Finance Act shall be considered or deemed to be
general obligations of the State of Oklahoma. Such bonds or other
obligations shall be special and limited obligations the repayment
of which shall be derived exclusively from the revenues accruing to
the credit of the Community Economic Development Pooled Finance
Revolving Fund created pursuant to Section 15 of this act.
B. The obligations issued by the Authority pursuant to this act
shall have a maximum maturity of twenty-five (25) years.
C. The average coupon rate for any obligations issued by the
Authority pursuant to this act shall not exceed fourteen percent
(14%) per annum.
Added by Laws 2009, c. 309, § 6, eff. July 1, 2009.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 62-891.6
What does Oklahoma Statutes § 62-891.6 cover?
Section 62-891.6 ("Bonds and other obligations") 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 § 62-891.6?
A common citation format is "Oklahoma Statutes § 62-891.6" (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 § 62-891.6 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.