Okla. Stat. tit. 17, § 17-802.4

This is the official text of Okla. Stat. tit. 17, § 17-802.4, part of Oklahoma’s Stat. tit. 17, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 17,." Browse the sections below, each linked to its official government source.

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Oklahoma Energy Initiative Revolving Fund

Official statutory text

A. There is hereby created in the State Treasury a revolving

fund for the Oklahoma Energy Initiative to be designated as the

"Oklahoma Energy Initiative Revolving Fund". The fund shall be a

continuing fund, not subject to fiscal year limitations, and shall

consist of all monies received by the Secretary of Energy and

Environment or any other entity authorized to accept or expend funds

on behalf of the Oklahoma Energy Initiative from any authorized

source. All monies accruing to the credit of the fund are hereby

appropriated and may be budgeted and expended by the Oklahoma Energy

Initiative for the purpose of satisfying the objectives of the

Oklahoma Energy Initiative Act.

B. State appropriations for the Initiative shall be made as

otherwise provided by law and shall be directed to the Secretary of

Energy, or to an agency otherwise directed by the Governor, which

shall directly allocate the appropriations to the Initiative.

C. The Initiative is authorized to accept donations, grants,

endowments, or other funding from any person, corporation or entity

to achieve the purpose and satisfy the objectives of the Initiative

as provided by this act.

Status: in_force · Read it on the official government site

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