Oklahoma Statutes (Last Updated: September 18, 2014)

§ 19-898.4. Assumption of legal bonded indebtedness.

Latest version.

The property within the county sewer improvement district consolidated under the provisions of this act shall assume its full proportion of all legal bonded indebtedness of the city or town to which it is consolidated, and the city or town to which it is consolidated shall assume all legal bonded indebtedness of the county sewer improvement district so consolidated.

Added by Laws 1955, p. 182, § 4, emerg. eff. June 6, 1955.

                    
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