2016 Oklahoma Statutes
Title 62. Public Finance
§62-278.2. Investments by State Treasurer - Deposit interest.

62 OK Stat § 62-278.2 (2016) What's This?

The State Treasurer is hereby authorized and directed to invest monies deposited to the Anti-Recession Fiscal Assistance Fund in direct obligations of the United States of America or in certificates of deposit from banks in the State of Oklahoma, acceptable as depositories, when such certificates of deposit are secured by acceptable collateral and yield as much as or more than direct obligations of the United States of America. Earnings or interest on anti-recession fiscal assistance monies shall be deposited in the Anti-Recession Fiscal Assistance Fund.

Laws 1977, c. 2, § 2, emerg. eff. Jan. 26, 1977.

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