Oklahoma Administrative Code
Title 90 - Council of Bond Oversight
Chapter 10 - Administration of the Oklahoma Bond Oversight and Reform Act
Subchapter 9 - Reporting
Section 90:10-9-1 - Closing documentation to the State Bond Advisor
Current through Vol. 42, No. 1, September 16, 2024
(a) Prior to closing, issuers subject to Council approval must obtain the State Bond Advisor's approval of all fees and expenses paid or to be paid in connection with the transaction. Such approval shall be obtained on a form provided for that purpose by the State Bond Advisor. For the approval of any fees or expenses that may not be known prior to closing, the issuer shall make arrangements with the State Bond Advisor for formal approval of such fees and expenses when final information is available. Such post-closing approval will become a part of the official record of the transaction.
(b) In the case of State or Local Governmental Entity obligations subject to Council approvals, the following documents shall be submitted to the State Bond Advisor within thirty days of the closing of a bond issue or obligation transaction:
(c) Within two working days of a bond closing, a State or Local Governmental Entity subject to Council approval shall notify the State Bond Advisor in writing and/or orally of such closing including, but not limited to, the date and amount of issuance.
Amended at 8 Ok Reg 2532, eff 6-27-91; Amended at 9 Ok Reg 2251, eff 6-25-91; Amended at 20 Ok Reg 455, eff 1-2-03 (emergency); Amended at 20 Ok Reg 2260, eff 7-11-03