Opinion No. 70-117 (1970) Ag

INTEREST RATES ON PUBLIC BONDS The Legislature may enact a law raising the maximum interest rate on all public bond issues and this Act would repeal all existing portions of statutes that are in conflict. The Attorney General has received your letter of January 14, 1970, in which you ask the following question: "Is it possible to enact one law raising the maximum interest rate on all public bond issues rather than raising the maximum interest rate in over 100 sections of the State Statutes?" In the case of In Re Via's Estate, Okl. 295 P.2d 779 (1956), the court stated in the syllabus: "A…