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Opinion No., (1975)

Court: Oklahoma Attorney General Reports Number:  Visitors: 10
Filed: Oct. 03, 1975
Latest Update: Mar. 03, 2020
Summary: OPINION — AG — ** GRAND RIVER DAM AUTHORITY — INDEBTEDNESS ** UNDER THE PROVISIONS OF THE GRAND RIVER DAM AUTHORITY ACT, 82 Ohio St. 1971 861 [ 82-861 ] THROUGH 82 Ohio St. 1971 889 [ 82-889 ], THE GRAND RIVER DAM AUTHORITY DOES NOT HAVE THE AUTHORITY TO BORROW MONEY BY THE ISSUANCE OF NOTES SO THAT IT MIGHT BE ABLE FROM TIME TO TIME TO SECURE OPERATING FUNDS ON SHORT TERM BASIS OR POSSIBLY SECURE FUNDS TO BE USED DURING CONSTRUCTION UNTIL SUCH TIME AS LONG TERM FINANCING COULD BE ARRANGED BY TH
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OPINION — AG — ** GRAND RIVER DAM AUTHORITY — INDEBTEDNESS ** UNDER THE PROVISIONS OF THE GRAND RIVER DAM AUTHORITY ACT, 82 Ohio St. 1971 861 [82-861] THROUGH 82 Ohio St. 1971 889 [82-889], THE GRAND RIVER DAM AUTHORITY DOES NOT HAVE THE AUTHORITY TO BORROW MONEY BY THE ISSUANCE OF NOTES SO THAT IT MIGHT BE ABLE FROM TIME TO TIME TO SECURE OPERATING FUNDS ON SHORT TERM BASIS OR POSSIBLY SECURE FUNDS TO BE USED DURING CONSTRUCTION UNTIL SUCH TIME AS LONG TERM FINANCING COULD BE ARRANGED BY THE ISSUANCE OF BONDS. CITE: 82 Ohio St. 1971 870 [82-870], 82 Ohio St. 1971 873 [82-873] 82 Ohio St. 1971 862 [82-862](O) (MIKE D. MARTIN)

Source:  CourtListener

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