2016 Oklahoma Statutes
Title 69. Roads Bridges and Ferries
§69-636.1. County Road Machinery and Equipment Revolving Fund.

69 OK Stat § 69-636.1 (2016) What's This?

There is hereby created in the State Treasury a revolving fund to be known and designated the "County Road Machinery and Equipment Revolving Fund", which shall consist of all appropriations and deposits made for the purposes hereinafter designated and shall also include all proceeds resulting from the lease, lease-purchase, sale or resale of equipment purchased out of monies in the revolving fund. The revolving fund shall be a continuing fund and shall be nonfiscal in character. The fund shall be invested in whatever instruments are authorized by law for investments by the State Treasurer and the interest earned by any investment of monies from the fund shall be credited to the fund for expenditure as provided by law.

Added by Laws 1982, c. 286, § 2. Amended by Laws 2006, 2nd Ex. Sess., c. 45, § 8, eff. July 1, 2007.

Disclaimer: These codes may not be the most recent version. Oklahoma may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.