Okla. Stat. tit. 12A, § 12A-1-9-525.1
This is the official text of Okla. Stat. tit. 12A, § 12A-1-9-525.1, part of Oklahoma’s Stat. tit. 12A, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 12A,." Browse the sections below, each linked to its official government source.
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Disposition of fees
Official statutory text
DISPOSITION OF FEES
(a) There is hereby created a cash account to be known as the
“Oklahoma County Clerk’s Uniform Commercial Code Central Filing
Fund”. The fund shall be a continuing fund, not subject to fiscal
year limitations, and shall consist of all fees and penalties
collected pursuant to Section 1-9-525 of this title by the county
clerk of Oklahoma County, all monies otherwise credited to the
account, and any interest accruing thereon.
(b) Monies in this account shall be expended in the following
amounts for the following purposes:
(1) Of the fees collected pursuant to paragraphs (1) and (2) of
subsection (a) of Section 1-9-525 of this title, Five Dollars
($5.00) shall be paid monthly by the thirtieth day following the
month in which collected to the general fund of Oklahoma County as a
liquidated fee for capital and other expenses associated with
operation of the filing office; and
(2) All other fees or parts of fees and any interest accruing
to this account shall be expended by the county clerk of Oklahoma
County for the lawful operation of the filing office.
(c) The county clerk of Oklahoma County may, by rule, establish
prepaid fee accounts. If adopted, the rule shall provide for at
least the following:
(1) An application for an account on a form prescribed in the
rule;
Oklahoma Statutes - Title 12A. Uniform Commercial Code Page 130
(2) A one-time application fee of not more than Twenty Dollars
($20.00);
(3) Acceptable methods of making deposits to an account;
(4) Any requirements for a minimum initial deposit, a minimum
balance, and a minimum amount for subsequent deposits;
(5) The fees and penalties which may be paid from the account;
(6) Procedures for making deposits to and payments from an
account; and
(7) Procedures for closing an account.
(a) There is hereby created a cash account to be known as the
“Oklahoma County Clerk’s Uniform Commercial Code Central Filing
Fund”. The fund shall be a continuing fund, not subject to fiscal
year limitations, and shall consist of all fees and penalties
collected pursuant to Section 1-9-525 of this title by the county
clerk of Oklahoma County, all monies otherwise credited to the
account, and any interest accruing thereon.
(b) Monies in this account shall be expended in the following
amounts for the following purposes:
(1) Of the fees collected pursuant to paragraphs (1) and (2) of
subsection (a) of Section 1-9-525 of this title, Five Dollars
($5.00) shall be paid monthly by the thirtieth day following the
month in which collected to the general fund of Oklahoma County as a
liquidated fee for capital and other expenses associated with
operation of the filing office; and
(2) All other fees or parts of fees and any interest accruing
to this account shall be expended by the county clerk of Oklahoma
County for the lawful operation of the filing office.
(c) The county clerk of Oklahoma County may, by rule, establish
prepaid fee accounts. If adopted, the rule shall provide for at
least the following:
(1) An application for an account on a form prescribed in the
rule;
Oklahoma Statutes - Title 12A. Uniform Commercial Code Page 130
(2) A one-time application fee of not more than Twenty Dollars
($20.00);
(3) Acceptable methods of making deposits to an account;
(4) Any requirements for a minimum initial deposit, a minimum
balance, and a minimum amount for subsequent deposits;
(5) The fees and penalties which may be paid from the account;
(6) Procedures for making deposits to and payments from an
account; and
(7) Procedures for closing an account.
Status: in_force · Read it on the official government site
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