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OK HB1368
Bill
Status
2/7/2011
Primary Sponsor
Ron Peters
Click for details
AI Summary
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Amends 60 O.S. 2001, Section 178.2 regarding public trust bond issuances and official statement filing requirements.
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Removes the requirement for preliminary filing of offering documents with the Secretary of State at least 5 business days before bond delivery.
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Requires final copies of official statements or offering documents be filed with the Oklahoma State Bond Advisor within 15 business days after bond delivery and payment.
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Eliminates criminal penalties (fines and jail time) previously imposed on persons responsible for violating the preliminary filing requirements.
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Becomes effective November 1, 2011.
Legislative Description
Property; public trusts; filing requirements; effective date.
Property
Last Action
Second Reading referred to Rules
2/8/2011