TITLE

Oklahoma Supreme Court questions `moral' obligation on highway deal

AUTHOR(S)
Sanders, Lisa
PUB. DATE
December 1997
SOURCE
Bond Buyer;12/03/97, Vol. 322 Issue 30284, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Questions the debated $300 million highway bond issue by the Oklahoma Supreme Court in Oklahoma City, while highlighting the Legislature's `moral' obligation to repay the bonds. Explanation on the legal issue involving the state and the proposed debt issue; Possibility of the issuance of the bonds by the Oklahoma Capital Improvement Authority (OCIA), which was approved by the Legislature; Indepth look at the highway bond issue.
ACCESSION #
9712153033

 

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