reglab/housing_qa huggingface dataset:
62 OK Stat § 62-554 (2021)
2021 Oklahoma Statutes|Title 62. Public Finance|§62-554. Treasurer shall deliver warrant register to successor.

|Every treasurer shall, upon the expiration of his term of office, deliver to his successor in office such warrant register, and each successor in office shall in all things act as though the entries of such warrants or orders were made and registered by himself and the registration of all warrants in such book of warrant registration shall be by each succeeding treasurer continued and no warrant shall draw interest until registered as herein provided for, and not paid for want of sufficient funds; and all warrants registered, as provided by this article, and not paid for want of sufficient funds, shall draw an annual rate of interest to be fixed by the governing board not to exceed five percent (5%) per annum, except state warrants which shall draw interest at a rate to be fixed by the State Board of Equalization not to exceed four percent (4%) per annum. |R.L.1910, § 6785; Laws 1937, p. 31, § 2; Laws 1941, p. 286, § 1.
62 OK Stat § 62-555 (2021)
2021 Oklahoma Statutes|Title 62. Public Finance|§62-555. Lost or destroyed checks, warrants or vouchers - Second or duplicate - Affidavit - Bond - Records.

|The clerk of any county, city or town, is hereby authorized and empowered to issue a second or duplicate check, warrant or voucher in lieu of any check, warrant or voucher that has been issued and subsequently lost or destroyed. Unless the treasurer of any county, city or town has evidence that a stop-payment order has been issued, no second or duplicate check, warrant or voucher shall be issued until an affidavit setting forth the facts as to the loss or destruction of the original check, warrant or voucher has been filed with the clerk, together with an indemnifying bond running to the treasurer of the county, city or town, or to the Treasurer of the State of Oklahoma, in double the amount of such lost or destroyed check, warrant or voucher. The conditions of such bond shall be to indemnify and protect the county, city or town, or to the Treasurer of the State of Oklahoma, from any loss or harm occasioned or sustained on account of the issue of such second or duplicate check, warrant or voucher. The bond shall be satisfactory to the treasurer of such county, city or town, or to the Treasurer of the State of Oklahoma, who shall, upon being satisfied as to the sufficiency of the bond, endorse approval thereon. The clerk and treasurer shall make such records in their respective offices as will, as nearly as possible, preclude any loss being sustained by the county, city or town, or to the Treasurer of the State of Oklahoma, on account of the issue of any second or duplicate check, warrant or voucher. Warrants issued by the State Treasurer against claims submitted through the Director of the Office of Management and Enterprise Services in payment of obligations of the state which may subsequently be lost or destroyed will be governed by the provisions of Section 34.81 of this title. |Added by Laws 1953, p. 287, § 1, emerg. eff. June 1, 1953. Amended by Laws 1982, c. 39, § 2, emerg. eff. March 26, 1982; Laws 1985, c. 348, § 7, emerg. eff. July 30, 1985; Laws 1990, c. 221, § 4, operative July 1, 1990; Laws 1991, c. 124, § 29, eff. July 1, 1991; Laws 1997, c. 144, § 2, eff. July 1, 1997; Laws 2004, c. 361, § 14, eff. July 1, 2004; Laws 2012, c. 304, § 465.
62 OK Stat § 62-561 (2021)
2021 Oklahoma Statutes|Title 62. Public Finance|§62-561. Advances made by United States for planning public works as not creating present indebtedness within meaning of Constitution.

|It is the sense of the Legislature that the State of Oklahoma, its agencies and subdivisions, counties, cities, towns, and school districts should participate in the Program of Advances for Public Works Planning under Public Law No. 560, 83d Congress, as amended, and it is the further sense of the Legislature that any advances of funds made by the United States to the same under such program for the purpose of planning public works in the State of Oklahoma are repayable only when and if the public works so planned is undertaken and does not create any present indebtedness within the meaning of Article X, Section 26, of the Constitution of the State of Oklahoma. |Laws 1961, p. 732, § 1.
62 OK Stat § 62-562 (2021)
2021 Oklahoma Statutes|Title 62. Public Finance|§62-562. Municipalities - Investment of sinking funds - Disposition of interest or dividends.

|Notwithstanding the provisions of Section 399, Section 541 and Section 544 of this Title 62, incorporated cities, towns or municipalities possessing sinking funds may, when authorized so to do by the lawfully constituted governing body of such city, town or municipality, invest such sinking funds, when such funds are not required for the payment or purchase of bonds, in bonds of the United States, bonds of the State of Oklahoma or in any type of interest or dividend-bearing account in a sum covered by the terms of the Federal Deposit Insurance Corporation, or The Federal Savings and Loan Insurance Corporation. Providing further, that any interest or dividends accruing to the benefit of an incorporated city, town or municipality from the investment of such sinking funds may be credited to the general fund of such city, town or municipality. |Laws 1963, c. 223, § 1, emerg. eff. June 11, 1963.
62 OK Stat § 62-571 (2021)
2021 Oklahoma Statutes|Title 62. Public Finance|§62-571. Short title.

|This act shall be known and may be cited as the "Bond Issue Proceeds Act". |Added by Laws 1976, c. 11, § 1, eff. Jan. 1, 1977.
62 OK Stat § 62-572 (2021)
2021 Oklahoma Statutes|Title 62. Public Finance|§62-572. Purpose.

|The purpose of this act is to guarantee to the citizens of the State of Oklahoma that the proceeds of bond issues approved by them will be expended only for the purposes or projects for which any such bond issue was approved. |Added by Laws 1976, c. 11, § 2, eff. Jan. 1, 1977.
62 OK Stat § 62-573 (2021)
2021 Oklahoma Statutes|Title 62. Public Finance|§62-573. Definition.

|As used in this act, unless the context requires otherwise, the term "government entity" means and includes any city, town, county, school district, other district of whatsoever nature or any other political subdivision. |Laws 1976, c. 11, § 3, eff. Jan. 1, 1977; Laws 1992, c. 350, § 21, emerg. eff. June 4, 1992.
62 OK Stat § 62-574 (2021)
2021 Oklahoma Statutes|Title 62. Public Finance|§62-574. Publication of projects.

|A. At any election upon the question of issuing bonds, which if approved would require an ad valorem tax levy or pledging the full faith and credit of the State of Oklahoma, the governmental entity calling such election shall set forth in each proposition to be voted upon the general purpose for which the bond proceeds will be expended. This shall not require the proposition or the bond to recite specific projects and dollar amounts. |B. At any election upon the question of issuing bonds, which if approved would require an ad valorem tax levy or pledging the full faith and credit of the State of Oklahoma, the governmental entity calling such election shall set forth in the call of election, in a legally qualified newspaper of general circulation in the area wherein said bond issue proceeds are to be expended, a general statement of all purposes and specific projects for which seventy percent (70%) of the proceeds shall be expended, with a further listing of the dollar amounts to be expended on each specific project. The dollar figure left unlisted as to specific projects shall not exceed thirty percent (30%) of the total amount of the bond issue.C. If any such bond issue is approved at an election, the particular governmental entity shall expend all of the proceeds of such bond issue for the purposes set out in the proposition voted upon and shall expend not less than eighty-five percent (85%) of the monies allocated to each specific project, unless such project can be completed for a smaller amount of money, on that project as published according to Section 4(B) of this act and for which the bond issue was approved. Provided, however, that if any money becomes available from any source outside the bond proceeds for any specific project, the outside funds would be used to reduce the amount of bond funds to be expended on that specific project. In such event, the governmental entity may expend that amount less than the specified eighty-five percent (85%) and may use the surplus funds on other projects within the same general purpose or to reduce the sinking fund. This section shall not apply in the event a final judicial determination or federal or state laws, regulations or rules preclude the undertaking or completion of a specific project.Laws 1976, c. 11, § 4, eff. Jan. 1, 1977.
62 OK Stat § 62-575 (2021)
2021 Oklahoma Statutes|Title 62. Public Finance|§62-575. Violations.

|Any member of the governing body of a governmental entity or other elected or appointed official charged with the duty of expending the proceeds of any bond issue, who knowingly and willfully violates any provision of this act, shall forfeit his office. |Added by Laws 1976, c. 11, § 5, eff. Jan. 1, 1977.
62 OK Stat § 62-576 (2021)
2021 Oklahoma Statutes|Title 62. Public Finance|§62-576. Exceptions.

|The provisions of this act shall not apply to any bond issue approved by the qualified electors of any governmental entity prior to the effective date of this act nor to any bond or bonds issued pursuant to Article 10, Section 35 of the Oklahoma Constitution. |Added by Laws 1976, c. 11, § 6, eff. Jan. 1, 1977.
62 OK Stat § 62-577 (2021)
2021 Oklahoma Statutes|Title 62. Public Finance|§62-577. Validity of bonds.

|Nothing contained herein shall affect the validity or enforceability of such bonds, once sold pursuant to law, regardless of actions by the governmental entity subsequent to sale. |Added by Laws 1976, c. 11, § 7, eff. Jan. 1, 1977.
62 OK Stat § 62-581 (2021)
2021 Oklahoma Statutes|Title 62. Public Finance|§62-581. Short title.

|This act may be cited as the "Registered Public Obligations Act of Oklahoma". |Added by Laws 1983, c. 170, § 1, eff. July 1, 1983.
62 OK Stat § 62-583 (2021)
2021 Oklahoma Statutes|Title 62. Public Finance|§62-583. Purpose.

|A. The Code provides that interest with respect to certain obligations may not be exempt from federal income taxation unless they are in registered form. It is therefore a matter of state concern that public entities be authorized to provide for the issuance of obligations in such form. It is a purpose of this act to empower all public entities to establish and maintain a system pursuant to which obligations may be issued in registered form within the meaning of the applicable provisions of the Code. |B. Obligations have traditionally been issued in bearer rather than in registered form, and a change from bearer to registered form may affect the relationships, rights and duties of issuers of and the persons that deal with obligations, and by such effect, the costs. Such effects will impact the various issuers and varieties of obligations differently depending on their legal and financial characteristics, their markets and their adaptability to recent and prospective technological and organizational developments. It is therefore a matter of state concern that public entities be provided flexibility in the development of such systems and control over system incidents, so as to accommodate such differing impacts. It is a purpose of this act to empower the establishment and maintenance, and amendment from time to time, of differing systems of registration of obligations, including system incidents, so as to accommodate the differing impacts upon issuers and varieties of obligations. It is further a purpose of this act to authorize systems that will facilitate the prompt and accurate transfer of registered public obligations and developing practices with regard to the registration and transfer of registered public obligations.C. In order that all state and local obligations issued after July 1, 1983, retain their tax exempt status and avoid other penalties, the Legislature of the State of Oklahoma hereby urges and encourages all state and local obligations be in registered form unless:1. The obligation is not of a type offered to the public;2. The obligation has a maturity at issue of one (1) year or less; or3. The obligation is sold only to foreign persons and interest on such obligation is payable only outside the United States and its possessions.These exemptions from registration shall be construed in light of Internal Revenue Code Regulations interpreting 16 U.S.C.A. Section 310(b).Added by Laws 1983, c. 170, § 3, eff. July 1, 1983.
62 OK Stat § 62-585 (2021)
2021 Oklahoma Statutes|Title 62. Public Finance|§62-585. Execution of obligations - Signatures.

|A. A certificated registered public obligation shall be executed by the issuer by the manual or facsimile signature or signatures of authorized officers. Any signature of an authorized officer may be attested by the manual or facsimile signature of another authorized officer. |B. In addition to the signatures referred to in subsection A of this section any certificated registered public obligation or any writing relating to an uncertificated registered public obligation may include a certificate or certificates signed by the manual or facsimile signature of an authenticating agent, registrar, transfer agent or the like.C. At least one signature of an authorized officer, authenticating official or other person required or permitted to be placed on a certificated registered public obligation shall be a manual signature.Added by Laws 1983, c. 170, § 5, eff. July 1, 1983.
62 OK Stat § 62-586 (2021)
2021 Oklahoma Statutes|Title 62. Public Finance|§62-586. Authorized signatures to remain valid - Adoption of predecessor's signature.

|A. Any certificated registered public obligation signed by the authorized officers at the time of the signing thereof shall remain valid and binding, notwithstanding that before the issuance thereof any or all of such officers shall have ceased to fill their respective offices. |B. Any authorized officer empowered to sign any certificated registered public obligation may adopt as and for the signature of such officer the signature of a predecessor in office in the event that such predecessor's signature appears on such certificated registered public obligation. An authorized officer incurs no liability by adoption of a predecessor's signature that would not be incurred by such authorized officer if the signature were that of such authorized officer.Added by Laws 1983, c. 170, § 6, eff. July 1, 1983.
62 OK Stat § 62-587 (2021)
2021 Oklahoma Statutes|Title 62. Public Finance|§62-587. Facsimile seals.

|When a seal is required or permitted in the execution of any certificated registered public obligation, an authorized officer may cause the seal to be printed, engraved, stamped or otherwise placed in facsimile thereon. The facsimile seal has the same legal effect as the impression of the seal. |Added by Laws 1983, c. 170, § 7, eff. July 1, 1983.
62 OK Stat § 62-588 (2021)
2021 Oklahoma Statutes|Title 62. Public Finance|§62-588. Appointment of certain agents, etc. and depositories - Issuer as agent, etc.

|A. An issuer may appoint for such term as may be agreed, including for so long as a registered public obligation may be outstanding, corporate or other authenticating agents, transfer agents, registrars, paying or other agents and specify the terms of their appointment, including their rights, their compensation and duties, limits upon their liabilities and provision for their payment of liquidated damages in the event of breach of certain of the duties imposed, which liquidated damages may be made payable to the issuer, the owner or a financial intermediary. None of such agents need have an office or do business within this state. |B. An issuer may agree with custodian banks and financial intermediaries, and nominees of any of them, in connection with the establishment and maintenance by others of a central depository system for the transfer or pledge of registered public obligations. Any such custodian banks and financial intermediaries, and nominees, may, if qualified and acting as fiduciaries, also serve as authenticating agents, transfer agents, registrars, paying or other agents of the issuer with respect to the same issue of registered public obligations.C. Nothing shall preclude the issuer from itself performing, either alone or jointly with other issuers, any transfer, registration, authentication, payment or other function described in this section.D. All paying agents on bond issues, after holding funds for payment of principal or interest for a period of five (5) years from their payment date and the bond or coupon has not been presented for payment, shall immediately return said funds to the issuer of the bonds to be used for any lawful purpose.Added by Laws 1983, c. 170, § 8, eff. July 1, 1983. Amended by Laws 1998, c. 400, § 2, emerg. eff. June 10, 1998.
62 OK Stat § 62-589 (2021)
2021 Oklahoma Statutes|Title 62. Public Finance|§62-589. Collection of costs - Reimbursement.

|A. An issuer, prior to or at original issuance of registered public obligations, may provide as a part of a system of registration that the transferor or transferee of the registered public obligations pay all or a designated part of the costs of the system as a condition precedent to transfer, that costs be paid out of proceeds of the registered public obligations, or that both methods be used. The portion of the costs of the system not provided to be paid for by the transferor or transferee or out of proceeds shall be the liability of the issuer. |B. The issuer may as a part of a system of registration provide for reimbursement or for satisfaction of its liability by payment by others. The issuer may enter into agreements with others respecting such reimbursement or payment, may establish fees and charges pursuant to such agreements or otherwise, and may provide that the amount or estimated amount of such fees and charges shall be reimbursed or paid from the same sources and by means of the same collection and enforcement procedures and with the same priority and effect as with respect to the obligations.Added by Laws 1983, c. 170, § 9, eff. July 1, 1983.
62 OK Stat § 62-590 (2021)
2021 Oklahoma Statutes|Title 62. Public Finance|§62-590. Construction of act.

|This act shall be construed in conjunction with the Uniform Commercial Code and the principles of contract law relative to the registration and transfer of obligations. |Added by Laws 1983, c. 170, § 10, eff. July 1, 1983.
62 OK Stat § 62-591 (2021)
2021 Oklahoma Statutes|Title 62. Public Finance|§62-591. Coupon bond or coupon bonds defined.

|Whenever the terms "coupon bond" or "coupon bonds" appear in any statute such terms shall mean any bond, note, or other evidence of indebtedness of any public entity, department, public trust, or agency, regardless of whether such instruments are in coupon, registered, or other form. The use of the word coupon does not limit the form of instruments authorized to be issued by such entities. The use of the terms coupon or coupon rate or terms of similar import shall mean interest or interest rate on bonds regardless of the form of such bonds and shall not imply that bonds must bear coupons. |Added by Laws 1983, c. 170, § 11, eff. July 1, 1983.
62 OK Stat § 62-601 (2021)
2021 Oklahoma Statutes|Title 62. Public Finance|§62-601. Definitions.

|As used in this act: |(a) "Public security" means a bond, note, certificate of indebtedness or other obligation for the payment of money, issued by this state or by any of its departments, agencies, or other instrumentalities or by any of its political subdivisions or districts.(b) "Authorized officer" means any official of this state or of any of its departments, agencies, or other instrumentalities or districts whose signature to a public security, or certificate thereon or thereto, is required or permitted.(c) "Facsimile signature" means the reproduction by engraving, imprinting, stamping or other means of the manual signature of an authorized officer.Added by Laws 1959, p. 258, § 1.
62 OK Stat § 62-602 (2021)
2021 Oklahoma Statutes|Title 62. Public Finance|§62-602. Execution of public securities by facsimile signature - Effect.

|Any authorized officer, after filing with the Secretary of State his manual signature certified by him under oath, may execute or cause to be executed with a facsimile signature in lieu of his manual signature any public security, or any certificate thereon or thereto. |Upon compliance with this act by the authorized officer, his facsimile signature has the same legal effect as his manual signature.Laws 1959, p. 258, § 2; Laws 1991, c. 124, § 30, eff. July 1, 1991.
62 OK Stat § 62-603 (2021)
2021 Oklahoma Statutes|Title 62. Public Finance|§62-603. Facsimile seals.

|When the seal of this State or of any of its departments, agencies, or other instrumentalities or of any of its political subdivisions or districts is required in the execution of a public security, the authorized officer may cause the seal to be printed, engraved, stamped or otherwise placed in facsimile thereon. The facsimile seal has the same legal effect as the impression of the seal itself. |Added by Laws 1959, p. 258, § 3.
62 OK Stat § 62-604 (2021)
2021 Oklahoma Statutes|Title 62. Public Finance|§62-604. Use on a public security with intent to defraud.

|Any person who with intent to defraud uses on a public security: |(a) A facsimile signature, or any reproduction of it, of any authorized officer, or(b) Any facsimile seal, or any reproduction of it, of this state or of any of its departments, agencies, or other instrumentalities or of any of its political subdivisions or districtsis guilty of a felony and shall be punishable as provided by Section 9 of Title 21 of the Oklahoma Statutes.Added by Laws 1959, p. 258, § 4. Amended by Laws 1997, c. 133, § 520, eff. July 1, 1999; Laws 1999, 1st Ex.Sess., c. 5, § 378, eff. July 1, 1999.NOTE: Laws 1998, 1st Ex.Sess., c. 2, § 23 amended the effective date of Laws 1997, c. 133, § 520 from July 1, 1998, to July 1, 1999.
62 OK Stat § 62-605 (2021)
2021 Oklahoma Statutes|Title 62. Public Finance|§62-605. Construction.

|This act shall be so construed as to effectuate its general purpose to make uniform the law of states which enact it. |Laws 1959, p. 258, § 5.
62 OK Stat § 62-606 (2021)
2021 Oklahoma Statutes|Title 62. Public Finance|§62-606. Citation.

|This act may be cited as the Uniform Facsimile Signature of Public Officials Act. |Laws 1959, p. 259, § 6.
62 OK Stat § 62-651 (2021)
2021 Oklahoma Statutes|Title 62. Public Finance|§62-651. Citation.

|This act may be cited as the "Local Industrial Development Act." Laws 1961, p. 471, Sec. 1. |Laws 1961, p. 471, § 1.
62 OK Stat § 62-652 (2021)
2021 Oklahoma Statutes|Title 62. Public Finance|§62-652. Authority regarding industrial development.

|Any municipality and any county is hereby authorized to own, acquire, construct, reconstruct, extend, equip, improve, maintain, sell, lease, contract concerning, or otherwise deal in or dispose of any lands, buildings, or facilities of any and every nature whatever that can be used in securing or developing industry within or near the municipality or county. Industry as referred to herein shall not include any trust purpose, function nor activity in any residential enterprise or function except as provided in Section 178.6 of Title 60 of the Oklahoma Statutes. |Added by Laws 1961, p. 471, § 2, emerg. eff. Aug. 8, 1961. Amended by Laws 1976, c. 222, § 9, eff. Dec. 1, 1976; Laws 2010, c. 195, § 2, emerg. eff. May 4, 2010.