2015 Oklahoma Statutes
Title 19. Counties and County Officers
§19-339.3. Disposition of funds.

19 OK Stat § 19-339.3 (2015) What's This?

The board of county commissioners shall place all funds received from the sale of land, sites or structures in a special fund to be used for the purchase or construction of facilities for use by the county. All such funds may be invested by the county treasurer as directed by the board of county commissioners in state or national banks or trust companies upon insured time deposit bearing interest at a rate no less than currently being paid upon insured savings accounts in said institutions or invested in direct obligations of the United States government.

Added by Laws 1975, c. 240, § 3, emerg. eff. May 30, 1975.

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