Oklahoma § 74-2268 - Application for approval of bonds - Jurisdiction of
Full text of Oklahoma Oklahoma Statutes § 74-2268 — Application for approval of bonds - Jurisdiction of, with citation guidance and answers to common questions.
§ 74-2268. Application for approval of bonds - Jurisdiction of
Supreme Court - Notice and hearing - Incontestability.
The Commission is authorized in its discretion to file an
application with the Supreme Court of Oklahoma for the approval of
any series of bonds to be issued hereunder, and exclusive original
jurisdiction is hereby conferred upon the Supreme Court to hear and
determine each such application. It shall be the duty of the Court
to give such applications precedence over the other business of the
Court and to consider and pass upon the applications any protests
which may be filed thereto as speedily as possible. Notice of the
hearing on each application shall be given by a notice published in
a newspaper of general circulation in the state informing that, on a
day named, the Commission will ask the Court to hear its application
and approve bonds. Such notice shall inform all persons interested
that they may file protest against the issuance of the bonds and be
present at the hearing and contest the legality thereof. Such
notice shall be published one time not less than ten (10) days prior
to the date named for the hearing, and the hearing may be adjourned
from time to time in the discretion of the Court. If the Court
shall be satisfied that the bonds have been properly authorized in
accordance with this act and that when issued they will constitute
valid obligations in accordance with their terms, the Court shall
render its written opinion approving the bonds and shall fix the
time within which a petition for rehearing may be filed. The
decision of the Court shall be a judicial determination of the
validity of the bonds and shall be conclusive as to the Commission,
its officers and agents. Thereafter, the bonds so approved and the
revenue pledged to their payment and the provision and agreements
contained in the bond resolution for the security of such bonds
shall be incontestable in any court in the State of Oklahoma.
Added by Laws 2005, c. 363, § 69, eff. Nov. 1, 2005.
Oklahoma Statutes - Title 74. State Government
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 74-2268
What does Oklahoma Statutes § 74-2268 cover?
Section 74-2268 ("Application for approval of bonds - Jurisdiction of") 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 § 74-2268?
A common citation format is "Oklahoma Statutes § 74-2268" (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 § 74-2268 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.