Oklahoma § 74-5063.16 - Bonds as general obilgation of state

Full text of Oklahoma Oklahoma Statutes § 74-5063.16 — Bonds as general obilgation of state, with citation guidance and answers to common questions.

§ 74-5063.16. Bonds as general obilgation of state

All bonds issued pursuant to the Credit Enhancement Reserve Fund

Act shall be direct general obligations of the State of Oklahoma,

for the payment for the debt service on which the full faith and

credit of the State of Oklahoma are hereby irrevocably pledged so

long as any such bonds are outstanding. The bonds shall be payable

from the General Revenue Fund of this state, and such amount of

general revenue funds as is necessary is hereby pledged to the

payment of debt service on the bonds, and shall be and remain

pledged for such purposes.

Added by Laws 1987, c. 222, § 86, operative July 1, 1987.

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

Frequently Asked Questions About Oklahoma § 74-5063.16

What does Oklahoma Statutes § 74-5063.16 cover?

Section 74-5063.16 ("Bonds as general obilgation of state") 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 § 74-5063.16?

A common citation format is "Oklahoma Statutes § 74-5063.16" (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 § 74-5063.16 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.