Court Opinion

ID: 3792945
Source: CourtListenerOpinion
Date Created: 2016-07-06 07:39:11.000625+00
Date Added: 2024-06-11T13:55:56.736525
License: Public Domain

OPINION — AG — ** SYSTEM BONDS — APPOINTMENT — ADDITIONAL TRUSTEES ** THE BOARD OF REGENTS OF OKLAHOMA COLLEGES IS AUTHORIZED UNDER 70 Ohio St. 4004 [70-4004](A)(5) TO APPOINT AN ADDITIONAL TRUSTEE WHEN ISSUING PARITY REVENUE BONDS ON A BOND SYSTEM, EVEN THOUGH A SINGLE TRUSTEE BANK WAS DESIGNATED TO MAINTAIN A SINKING FUND, RESERVE FUND, AND REPAIR AND REPLACEMENT FUND WHEN THE BOND SYSTEM WAS CREATED. (SELF LIQUIDATING IMPROVEMENTS, SYSTEM BONDS) CITE: 70 Ohio St. 4001 [70-4001], 70 Ohio St. 4013 [70-4013] (SAM I. HELLMAN)