Opinion ( 1962 )

OPINION — AG — THE AG CONCLUDES THAT " NON PAYABLE SCHOOL WARRANTS " CAN LAWFULLY BE HANDLED BY A BANK OF WHICH A PART OF THE STOCK IS OWNED BY A MEMBER OF THE BOARD OF EDUCATION OF THE SCHOOL DISTRICT ISSUING THE WARRANTS. (CONFLICT OF INTEREST) CITE: 70 O.S. 1961, 4-21 [70-4-21], 62 O.S. 1961 554 [62-554] (J. H. JOHNSON)