Okla. Stat. tit. 11, § 11-50-133
This is the official text of Okla. Stat. tit. 11, § 11-50-133, part of Oklahoma’s Stat. tit. 11, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 11,." Browse the sections below, each linked to its official government source.
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Costs and expenses of operation, administration and
Official statutory text
management of system fund - Equipment and supplies.
All costs and expenses incurred in the operation, administration
and management of the System shall be paid by the State Board from
the monies of the fund, including but not limited to commissions or
other costs resulting from the purchase, sale or other transfer of
assets.
The State Board is authorized to purchase such equipment and
supplies as it deems necessary for the efficient operation,
administration and management of the System. Payment for such
equipment and supplies shall be made from the operating account of
the System. Such payments shall be considered an expense of the
System and the equipment and supplies so purchased shall be an asset
of the System.
All costs and expenses incurred in the operation, administration
and management of the System shall be paid by the State Board from
the monies of the fund, including but not limited to commissions or
other costs resulting from the purchase, sale or other transfer of
assets.
The State Board is authorized to purchase such equipment and
supplies as it deems necessary for the efficient operation,
administration and management of the System. Payment for such
equipment and supplies shall be made from the operating account of
the System. Such payments shall be considered an expense of the
System and the equipment and supplies so purchased shall be an asset
of the System.
Status: in_force · Read it on the official government site
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