SECTION 385:40-1-7. Notice of closing

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Within five (5) days of delivery of bonds to the purchaser, the school district must provide notice to the Commissioners of the Land Office showing the closing date of the issue and certifying that it has satisfied all conditions contained in its authorization to participate in the Guarantee Program. The school district must also provide a debt service schedule for the issue showing principal maturities, interest rates by maturity and total debt service requirements for each payment date. Such notice shall be provided on a form prepared for that purpose by the Commissioners of the Land Office.

[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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