2017 Oklahoma Statutes
Title 60. Property
§60-389. Money included in gift - Income and proceeds of sales - Deposit to credit of General Revenue Fund.

Universal Citation: 60 OK Stat § 60-389 (2017)

Except as may be otherwise provided in Sections 391 through 396 of this title, any cash or the equivalent thereof involved in any gift, testamentary or otherwise, given to this state for public purposes generally or without designation to any particular purpose to which the same shall be devoted, when accepted by the Governor and delivered to the Office of Management and Enterprise Services, as provided for in Section 383 of this title, together with all income, interest, rentals, or otherwise, from any property delivered to the Office of Management and Enterprise Services pursuant to the provisions of Section 383 and Sections 386 through 388 of this title, and all cash derived from sales, or other conversions into cash, of such other property as provided for in Sections 386 through 388 of this title, shall be deposited in the State Treasury to the credit of the General Revenue Fund for the fiscal year in which it is received.

Added by Laws 1953, p. 290, § 9, emerg. eff. March 30, 1953. Amended by Laws 1983, c. 304, § 41, eff. July 1, 1983; Laws 1984, c. 166, § 3, operative July 1, 1984; Laws 2012, c. 304, § 301.

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.