reglab/housing_qa huggingface dataset:
82 OK Stat § 82-1125 (2021)
2021 Oklahoma Statutes|Title 82. Waters and Water Rights|§82-1125. Refunding bonds.

|The board of directors of a port authority may issue bonds hereunder for the purpose of refunding any bonds or other obligations of the port authority theretofore issued pursuant to this act; or it may authorize a single issue of bonds hereunder for the purpose in part of refunding such previous obligations and in part for the making of additions, improvements and extensions to such buildings and facilities, or the construction and acquisition of additional buildings and facilities, and furnishing and equipping thereof. |Where bonds are issued under this paragraph solely for refunding purposes, such bonds either may be sold as provided in Section 13 of this act or may be exchanged for outstanding obligations. If sold, the proceeds either may be applied to payment of obligations refunded or may be deposited in escrow for the retirement thereof. All refunding bonds issued under this section shall in all respects be authorized, issued and secured in the manner provided for other bonds issued under this act and shall have all attributes of such bonds. The board of directors may provide that any such refunding bonds shall have the same priority of lien on the revenues pledged for their payment as was provided for obligations refunded thereby.Laws 1963, c. 314, § 5, emerg. eff. June 19, 1963.
82 OK Stat § 82-1126 (2021)
2021 Oklahoma Statutes|Title 82. Waters and Water Rights|§82-1126. Bonds as special obligation of port authority concerned.

|No provision of this act shall be construed to authorize the pledge or use of any appropriated funds of the State of Oklahoma, or any ad valorem tax revenues or any other tax revenues, for the payment or security of any bonds issued pursuant to this act. No bonds issued under provisions of this act shall ever become a debt or obligation of the State of Oklahoma, nor shall the faith and credit of the State of Oklahoma be pledged in whole or in part, directly or indirectly, for the payment of such bonds, or interest thereon. Bonds issued under this act shall not be an indebtedness of any county or counties, or any municipal corporation or municipal corporations, which shall have created or joined in the formation of the port authority issuing the same. All bonds issued pursuant to this act shall be special obligations of the port authority concerned, payable solely from the revenues of the buildings and facilities referred to therein. Such bonds shall contain on the face thereof a statement to the effect that neither the state, nor any county or municipal corporation concerned shall be obligated to pay the same, or the interest thereon, except from revenues of such facilities; and that neither the faith and credit nor the taxing power of the state or any political subdivision thereof is pledged or may hereafter be pledged to the payment of principal of or interest on such bonds. |Laws 1963, c. 314, § 6, emerg. eff. June 19, 1963.
82 OK Stat § 82-1128 (2021)
2021 Oklahoma Statutes|Title 82. Waters and Water Rights|§82-1128. Agreements or contracts with United States.

|The board of directors of a port authority may enter into any agreement or contract with the United States of America or any agency or instrumentality thereof which it may consider advisable or necessary in order to obtain a grant of funds, a contract for purchase of its bonds, or any other aid or assistance in connection with the construction, addition, furnishing and equipping of any building or facility as herein defined. |Laws 1963, c. 314, § 8, emerg. eff. June 19, 1963.
82 OK Stat § 82-1129 (2021)
2021 Oklahoma Statutes|Title 82. Waters and Water Rights|§82-1129. Segregation and use of proceeds from bond sales - Construction contracts.

|The proceeds to be derived from the sale of bonds herein authorized shall be segregated and used solely for the purpose for which the bonds are authorized. The board of directors of a port authority is authorized to make any contracts and execute all instruments which in its discretion may be deemed necessary or advisable to provide for the construction, furnishing and equipping of any building or facility as herein defined. |Laws 1963, c. 314, § 9, emerg. eff. June 19, 1963.
82 OK Stat § 82-1130 (2021)
2021 Oklahoma Statutes|Title 82. Waters and Water Rights|§82-1130. Approval of bonds by Attorney General - Incontestablility.

|All bonds issued hereunder shall contain the certificate required by Article 10, Section 29 of the Constitution of Oklahoma. Such bonds shall be submitted to the Attorney General of Oklahoma for examination, and when such bonds have been examined and certified as legal obligations of the issuing Authority by the Attorney General in accordance with such requirements as he may make, the same shall be incontestable in any court in the State of Oklahoma unless suit thereon shall be brought in a court having jurisdiction thereof within thirty (30) days from the date of such approval. |Laws 1963, c. 314, § 10, emerg. eff. June 19, 1963.
82 OK Stat § 82-1131 (2021)
2021 Oklahoma Statutes|Title 82. Waters and Water Rights|§82-1131. Lawful securities for investments.

|Bonds issued under the provisions of this act are hereby made securities in which all banks, trust companies, trust and loan associations, investment companies, and others carrying on a banking business; all insurance companies and insurance agencies and others carrying on an insurance business, may lawfully invest funds, including capital funds, under their control or belonging to them, providing such bonds shall not be used by any depository as security for any county or state funds. |Laws 1963, c. 314, § 11, emerg. eff. June 19, 1963.
82 OK Stat § 82-1132 (2021)
2021 Oklahoma Statutes|Title 82. Waters and Water Rights|§82-1132. Interim notes and conditions of issue.

|Whenever the board of directors of a port authority shall have adopted a resolution authorizing the issuance of any series of bonds hereunder and said bonds have been sold but prior to the time as of which the bonds can be delivered, the board of directors of a port authority finds it necessary to borrow money for the purpose for which the bonds were authorized, such board of directors may, by appropriate resolution, authorize the borrowing of money in anticipation of the issuance of the bonds, and the issuance of the note or notes of the board of directors to evidence such borrowing. The amount so borrowed shall not exceed the principal amount of the bonds and shall not bear interest at a rate exceeding the average interest rate of the bonds. Such note or notes shall be signed in the manner prescribed by the board of directors and shall be made payable at such time or times as the board of directors may prescribe, not later than one (1) year from their respective dates and may be renewed from time to time by the issuance of new notes hereunder. The proceeds of any loan made under this section shall be devoted exclusively to the purpose for which the bonds shall have been authorized and the note or notes and the interest thereon shall be paid with the proceeds of the bonds simultaneously with the delivery of the bonds. If for any reason the bonds shall not be issued, the holder or holders of the notes shall be entitled to all rights which would have been enjoyed by the holders of the bonds had they been issued; and the notes shall be paid from the revenues provided for the payment of the bonds, and shall be entitled to the benefit of all covenants, agreements and rights appearing in the resolution authorizing the bonds for the benefit of the bonds. |Laws 1963, c. 314, § 12, emerg. eff. June 19, 1963.
82 OK Stat § 82-1133 (2021)
2021 Oklahoma Statutes|Title 82. Waters and Water Rights|§82-1133. Public bids for bonds sold.

|All bonds sold hereunder shall be awarded to the best bidder, based upon an open competitive public offering. Notice of sale of such bonds shall be advertised at least fourteen (14) days in advance of the time of receiving bids and said notice shall appear at least once a week for two (2) successive weeks in a newspaper of general circulation in the county where the principal office of the port authority is located. No bonds shall be sold for less than par value. |Added by Laws 1963, c. 314, § 13, emerg. eff. June 19, 1963. Amended by Laws 2000, c. 192, § 2, eff. July 1, 2000.
82 OK Stat § 82-1134 (2021)
2021 Oklahoma Statutes|Title 82. Waters and Water Rights|§82-1134. Trustees - Oath of office - Fidelity bond.

|Any trustee, as provided herein, first shall take the oath of office required of an elected public officer and shall be under a good and sufficient fidelity bond, to be approved by the Attorney General, in a surety company authorized to transact surety business in the State of Oklahoma. The cost of said bond shall be paid from funds of the revenue bonds. The oaths of office shall be administered by any person authorized to administer oaths in the State of Oklahoma. |Added by Laws 1963, c. 314, § 14, emerg. eff. June 19, 1963.
82 OK Stat § 82-1135 (2021)
2021 Oklahoma Statutes|Title 82. Waters and Water Rights|§82-1135. Meetings and records of authority open to public.

|After the effective date of this act, meetings of an organized port authority shall be open to the public to the same extent as is required by law of other public boards and commissions. All records of said authority shall be public records and shall be kept in a place, the location of which shall be listed in the office of the county clerk of each county wherein any revenue board authorized by them hereunder shall be recorded. |Laws 1963, c. 314, § 15, emerg. eff. June 19, 1963.
82 OK Stat § 82-1136 (2021)
2021 Oklahoma Statutes|Title 82. Waters and Water Rights|§82-1136. Limitation on liability of trustee or beneficiary.

|No trustee or beneficiary shall be charged with any liability whatsoever by reason of any act or omission committed or suffered in the performance of such trust or in the operation of the trust property, except for willful or grossly negligent breach of trust; provided, however, any act, liability for any omission, or obligation of a trustee or trustees, in the execution of such trust, or in the operation of the trust property, shall extend to the whole of the trust estate or so much thereof as may be necessary to discharge such liability or obligation and not otherwise. |Laws 1963, c. 314, § 16, emerg. eff. June 19, 1963.
82 OK Stat § 82-1141 (2021)
2021 Oklahoma Statutes|Title 82. Waters and Water Rights|§82-1141. McClellan-Kerr Arkansas River Navigation System Infrastructure Revolving Fund.

|There is hereby created in the State Treasury a revolving fund for the Oklahoma Department of Transportation to be designated the "McClellan-Kerr Arkansas River Navigation System Infrastructure Revolving Fund". The fund shall be a continuing fund, not subject to fiscal year limitations, for the purpose of pooling all monies received by the Oklahoma Department of Transportation from appropriations, dedicated revenues, federal funds, private contributions or other sources authorized by law dedicated to the McClellan-Kerr Arkansas River Navigation System (MKARNS). All monies accruing to the credit of the fund are hereby appropriated and may be budgeted and expended by the Oklahoma Department of Transportation upon a recommendation by the Waterways Advisory Board of the Oklahoma Department of Transportation and upon consultation with all Native American tribes with an ownership interest in the Arkansas riverbed for the purpose of repairing or constructing assets which are part of the MKARNS located in the State of Oklahoma which are essential to the safe and efficient operation of such system and may also be used to match federal grants and awards associated with channel improvements of the MKARNS, whether due to natural disasters, emergency conditions, operations and maintenance needs or construction projects. Expenditures from the fund shall be made upon warrants issued by the State Treasurer against claims filed as prescribed by law with the Director of the Office of Management and Enterprise Services for approval and payment. |Added by Laws 2019, c. 367, § 1, eff. July 1, 2019.
82 OK Stat § 82-1267 (2021)
2021 Oklahoma Statutes|Title 82. Waters and Water Rights|§82-1267. Purpose of district - Activities.

|Public regional water districts may be organized under this act for the purpose of engaging in the following activities: |1. Acquiring water rights or acquiring and developing water facilities or any interest therein, from any and all available sources, and storing water in reservoirs or other storage facilities;2. Purifying, treating and processing water;3. Furnishing water to public agencies and persons desiring the same;4. Transporting and delivering water to public agencies and persons who are furnished water by the district;5. Disposing of, processing, treating or transporting sewage or wastewater or acquiring and developing sewage facilities or any interest therein; and6. Engaging in such activities and projects deemed necessary by the district tocarry out the purposes of this act, including acquisition, planning, purchase, construction, lease, operation, maintenance, improvement, repair and extension of water facilities or sewage facilities, or the provision of administrative and support services to public agencies which are signatories to the interlocal agreement creating the district.Amended by Laws 1985, c. 353, § 2, emerg. eff. July 30, 1985.
82 OK Stat § 82-1273 (2021)
2021 Oklahoma Statutes|Title 82. Waters and Water Rights|§82-1273. Right of aggrieved persons to petition district court.

|Any person aggrieved by the service furnished or rates charged by said water district shall have the right to petition said grievance from the decision or action of said water district, to the district court wherein said water district was formed, and upon said petition being filed, the district court shall hear the petition de novo, and is empowered to make such orders as may be necessary and proper. |Added by Laws 1972, c. 249, § 8.
82 OK Stat § 82-1274 (2021)
2021 Oklahoma Statutes|Title 82. Waters and Water Rights|§82-1274. Exemption from taxes and assessments.

|Districts formed hereunder shall be exempt from all excise taxes of whatsoever kind or nature, and further, shall be exempt from payment of assessments in any general or special taxing district levied upon the property of the district, whether real, personal or mixed. Any and all obligations, securities and evidences of indebtedness issued by a district formed pursuant to this act shall be exempt from all inheritance or death taxes, and the income interest and capital gains thereon shall not be subject to the income tax laws of this state. Persons owning or holding the obligations, securities and evidences of indebtedness or their heirs, devisees, successors or assigns shall not be required to pay to the State of Oklahoma income tax upon the profits and capital gains upon the obligations, securities and evidences of indebtedness. |Added by Laws 1972, c. 249, § 9. Amended by Laws 1985, c. 353, § 5, eff. July 30, 1985.
82 OK Stat § 82-1275 (2021)
2021 Oklahoma Statutes|Title 82. Waters and Water Rights|§82-1275. Rates and charges - Disposition of revenues.

|A. Districts formed pursuant to this act shall be operated without profit, but the rates, revenues, fees, rents or other charges for water or sewage services or facilities, supplies, equipment or other services furnished by the water district shall be sufficient at all times: |1. To pay all operating and maintenance expenses necessary or desirable for the prudent conduct of its affairs and the principal of and interest on the obligations issued or assumed by the district in the performance of the purposes for which it was organized; and2. For the creation of adequate reserves.B. The revenues of the district shall be devoted, first, to the payment of operating and maintenance expenses and the principal and interest on outstanding current obligations, and, thereafter, to such reserves for additional improvements, new construction, depreciation and contingencies as the board of directors may from time to time prescribe.C. Revenues not required for the purposes set forth in subsection B of this section shall be returned from time to time to the customers or public agency members of the district on a pro rata basis, according to the amount of business done with each customer or public agency member during the period for which such return is made, either in cash, in abatement of current charges for water, or otherwise as the board determines; such return may be made by way of a general rate reduction to customers or public agency members if the board so elects.Added by Laws 1972, c. 249, § 10. Amended by Laws 1985, c. 353, § 6, eff. July 30, 1985.
82 OK Stat § 82-1276 (2021)
2021 Oklahoma Statutes|Title 82. Waters and Water Rights|§82-1276. Annexation of additional territory.

|Additional territory may be annexed to and embraced by a district established and operating under this act by the addition of new public agencies as members of the interlocal agreement, and appropriate amendment and, without further review by any agency or office, filing as required by Section 1005 of Title 74 of the Oklahoma Statutes. |Added by Laws 1972, c. 249, § 11. Amended by Laws 1985, c. 353, § 7, eff. July 30, 1985.
82 OK Stat § 82-1277 (2021)
2021 Oklahoma Statutes|Title 82. Waters and Water Rights|§82-1277. Annual written report.

|Within sixty (60) days after the close of each calendar year any water district organized and in operation under this act shall make a written report to the Oklahoma Water Resources Board at its office and shall include the following: |1. The total volume of water contracted for from the reservoir or reservoirs located within the district. Measurement may be made either in gallons or acre-feet, whichever is most convenient to the district.2. A complete report of the finances, assets and liabilities of the district.3. Any other information that the Board may require from time to time which will be helpful to it in assisting said district in the development of industry to utilize the water available for beneficial use.Added by Laws 1972, c. 249, § 12.
82 OK Stat § 82-1279 (2021)
2021 Oklahoma Statutes|Title 82. Waters and Water Rights|§82-1279. Inactive districts.

|If a district is inactive, the judge of the district court for the county in which fifty percent (50%) or more of the real property of the district is located may designate a board of directors who shall act with the same authority in dissolving the district as if they had been appointed members of the district pursuant to Section 1268 of this title. |Added by Laws 1972, c. 249, § 14. Amended by Laws 1985, c. 353, § 17, eff. July 30, 1985.
82 OK Stat § 82-1280 (2021)
2021 Oklahoma Statutes|Title 82. Waters and Water Rights|§82-1280. District property.

|The district shall hold title to its property in its corporate name for the uses and purposes of the district. The formation of a district shall not transfer water rights to the district. Any district which contracts with the State of Oklahoma or the United States may convey district property, with or without consideration, if such property is needed by the State of Oklahoma or the United States in connection with the construction, operation or maintenance of a project similar in purpose to that for which the district was organized. |Added by Laws 1972, c. 249, § 15.
82 OK Stat § 82-1281 (2021)
2021 Oklahoma Statutes|Title 82. Waters and Water Rights|§82-1281. Conflict of interest.

|Except for contracts of employment, directors and employees shall not have a financial interest, directly or indirectly, in any contract entered into by the district. Directors and employees shall not receive any bonus, gratuity or bribe. They shall not spend funds of the district, directly or indirectly, for political purposes or political educational purposes, shall not engage in political campaigns in the name of the district, and shall not permit any property of the district to be used for any such purpose. Any violation of this section shall be a felony and shall work a forfeiture of office or employment and shall be punishable by a fine not exceeding Five Hundred Dollars ($500.00), or by imprisonment in the State Penitentiary not exceeding five (5) years, or both. |Added by Laws 1972, c. 249, § 16. Amended by Laws 1985, c. 353, § 8, emerg. eff. July 30, 1985; Laws 1997, c. 133, § 596, eff. July 1, 1999; Laws 1999, 1st Ex.Sess., c. 5, § 432, eff. July 1, 1999.NOTE: Laws 1998, 1st Ex.Sess., c. 2, § 23 amended the effective date of Laws 1997, c. 133, § 596 from July 1, 1998, to July 1, 1999.
82 OK Stat § 82-1282 (2021)
2021 Oklahoma Statutes|Title 82. Waters and Water Rights|§82-1282. Joining and withdrawing from district - Consent to provide certain services - Purchase of certain facilities.

|A. Once a district has been organized under this act, any one or more public agencies not joining in the original organization agreement may subsequently join the district by becoming a signatory to the interlocal agreement. A public agency, by act of its governing body, may withdraw from a district after it is organized; however, such withdrawal shall not impair the rights of the district or other person in any contract, pledge of revenues or other financial obligation to which the public agency is a party. Such withdrawal may only be permitted by the board if rights of the district, other public agency members and holders of any obligations, contractual or otherwise, can be adequately protected by the authority or any settlement agreed upon with the withdrawing public agency. |B. A district may not provide water, sewage or any other services to an existing public agency or to persons within the geographic boundaries of an existing public agency which provides water or sewage services without the consent of the public agency, which consent shall be given by action of its governing body. In case of annexation of district territory by a municipality which is not a member of the district, the municipality may purchase at the appraised value the district's water and sewage facilities except those facilities necessary for the operation of the remainder of the district.Added by Laws 1985, c. 353, § 9, emerg. eff. July 30, 1985.