Legal Opinion
Opinion No. (2005)
Oklahoma Attorney General Reports
Decided December 5, 2005Published
1Opinion of the Court
Dear Chairman Riebel,
¶ 0 We have received your letter requesting an official Attorney General Opinion in which you ask the following question:
Does the Oklahoma Transportation Authority have the legal authority to enter into agreements for the use of derivative finance products, e.g., interest rate swap agreements, basis swaps, interest rate swap options, rate lock agreements, etc., in furtherance of its stewardship of the Oklahoma Turnpike Authority's revenue and debt management?
¶ 1 To answer your question, we must examine the nature of the Oklahoma Transportation Authority ("OTA"), the…
2Cases cited20 opinions
- Tweedy v. Oklahoma Bar Ass'nSupreme Court of Oklahoma · 1981
- Thrifty Oil Co. v. Bank of America National Trust and Savings AssociationCourt of Appeals for the Ninth Circuit · 2003
- City of Duncan v. BinghamSupreme Court of Oklahoma · 1964
- Marley v. CannonSupreme Court of Oklahoma · 1980
- Oklahoma Public Employees Ass'n v. Oklahoma Department of Central ServicesSupreme Court of Oklahoma · 2002
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