SECTION 385:40-1-1. Purpose

Latest version.

The rules of this chapter have been adopted to establish the requirements and procedures for the Guarantee Program for School District Bonds. They cover basically matters that are necessary to implement the program authorized by House Bill 1577 of the 44th Legislature (1994) and the passage of State Question 665 which authorized use of permanent school funds to guarantee bonds issued by public school districts.

[Source: Added at 13 Ok Reg 641, eff 11-29-95 (emergency); Added at 13 Ok Reg 1373, eff 5-13-96]

                    
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