Okla. Stat. tit. 19, § 19-740
This is the official text of Okla. Stat. tit. 19, § 19-740, part of Oklahoma’s Stat. tit. 19, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 19,." Browse the sections below, each linked to its official government source.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Use of sinking fund - Warrants against estimated proceeds
Official statutory text
of tax levy.
The board of county commissioners, district judge and county
judge of any county in this state may use for the purpose of
erecting, remodeling or rebuilding a courthouse or jail, or both, at
the county seat, all or any portion of the sinking fund of the
county derived from penalties, interest and forfeitures accrued, or
to accrue, and in addition thereto, where a mill tax for courthouse
or jail purposes has been, or may be voted by a majority of the
qualified electors of said county covering a period of years, the
county commissioners, district judge and county judge of said county
may make an estimate of the amount that the said levy together with
the sinking fund, interest and penalties so derived will raise
during the entire period of time for which said mill levy has been
or may be voted, based on the average valuation of the property in
said county for the last past five (5) years and may contract for
and cause to be erected a courthouse and jail, or either in said
county, at the county seat thereof, and may draw warrants against
said estimate in payment therefor, which shall be a legal charge
against said county, payable out of the fund thus derived. Said
warrants to be issued in amount not to exceed One Thousand Dollars
($1,000.00) each, and when funds accumulate in the county treasury
to the credit of said fund sufficient to pay one or more of said
warrants the county treasurer shall give notice by publication in a
newspaper published in said county that the money is available to
pay said warrants, or warrant, giving the number and date of said
Oklahoma Statutes - Title 19. Counties and County Officers Page 263
warrant or warrants, and unless said warrant, or warrants, are
presented for payment within thirty (30) days from the date of said
publications, said warrants, or warrant, so advertised shall cease
to draw interest. Said contract for the building as aforesaid shall
be approved by the county commissioners, district judge and county
judge of said county. This act shall not be construed as affecting
or repealing any existing law and shall be cumulative in its
operation and effect.
The board of county commissioners, district judge and county
judge of any county in this state may use for the purpose of
erecting, remodeling or rebuilding a courthouse or jail, or both, at
the county seat, all or any portion of the sinking fund of the
county derived from penalties, interest and forfeitures accrued, or
to accrue, and in addition thereto, where a mill tax for courthouse
or jail purposes has been, or may be voted by a majority of the
qualified electors of said county covering a period of years, the
county commissioners, district judge and county judge of said county
may make an estimate of the amount that the said levy together with
the sinking fund, interest and penalties so derived will raise
during the entire period of time for which said mill levy has been
or may be voted, based on the average valuation of the property in
said county for the last past five (5) years and may contract for
and cause to be erected a courthouse and jail, or either in said
county, at the county seat thereof, and may draw warrants against
said estimate in payment therefor, which shall be a legal charge
against said county, payable out of the fund thus derived. Said
warrants to be issued in amount not to exceed One Thousand Dollars
($1,000.00) each, and when funds accumulate in the county treasury
to the credit of said fund sufficient to pay one or more of said
warrants the county treasurer shall give notice by publication in a
newspaper published in said county that the money is available to
pay said warrants, or warrant, giving the number and date of said
Oklahoma Statutes - Title 19. Counties and County Officers Page 263
warrant or warrants, and unless said warrant, or warrants, are
presented for payment within thirty (30) days from the date of said
publications, said warrants, or warrant, so advertised shall cease
to draw interest. Said contract for the building as aforesaid shall
be approved by the county commissioners, district judge and county
judge of said county. This act shall not be construed as affecting
or repealing any existing law and shall be cumulative in its
operation and effect.
Status: in_force · Read it on the official government site
Need a lawyer in Oklahoma?
Find a Oklahoma lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.