Okla. Stat. tit. 3A, § 3A-208.3a
This is the official text of Okla. Stat. tit. 3A, § 3A-208.3a, part of Oklahoma’s Stat. tit. 3A, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 3A,." Browse the sections below, each linked to its official government source.
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Oklahoma Breeding Development Administration Revolving
Official statutory text
Fund.
A. There is hereby created in the State Treasury a revolving
fund for the Oklahoma Horse Racing Commission, to be designated the
"Oklahoma Breeding Development Administration Revolving Fund". The
fund shall be a continuing fund, not subject to fiscal year
limitations, and shall consist of all monies received by the
Commission from transfers made pursuant to paragraph 6 of subsection
B of Section 208.3 of this title. All monies accruing to the credit
of said fund are hereby appropriated and may be budgeted and
expended by the Commission for the purpose of administering the
Oklahoma Breeding Development Program, or additions to purses of
Oklahoma-bred races, and for no other purpose. Expenditures from
said fund shall be made upon warrants issued by the State Treasurer
against claims filed as prescribed by law with the Director of the
Office of Management and Enterprise Services for approval and
payment.
B. Monies received by and expenditures from said fund shall be
subject to an annual audit pursuant to paragraph 6 of subsection B
and subsection E of Section 208.3 of this title.
At the close of each fiscal year any unencumbered, unobligated,
and unexpended monies in the Oklahoma Breeding Development
Administration Revolving Fund shall be transferred to the Oklahoma
Breeding Development Fund Special Account.
A. There is hereby created in the State Treasury a revolving
fund for the Oklahoma Horse Racing Commission, to be designated the
"Oklahoma Breeding Development Administration Revolving Fund". The
fund shall be a continuing fund, not subject to fiscal year
limitations, and shall consist of all monies received by the
Commission from transfers made pursuant to paragraph 6 of subsection
B of Section 208.3 of this title. All monies accruing to the credit
of said fund are hereby appropriated and may be budgeted and
expended by the Commission for the purpose of administering the
Oklahoma Breeding Development Program, or additions to purses of
Oklahoma-bred races, and for no other purpose. Expenditures from
said fund shall be made upon warrants issued by the State Treasurer
against claims filed as prescribed by law with the Director of the
Office of Management and Enterprise Services for approval and
payment.
B. Monies received by and expenditures from said fund shall be
subject to an annual audit pursuant to paragraph 6 of subsection B
and subsection E of Section 208.3 of this title.
At the close of each fiscal year any unencumbered, unobligated,
and unexpended monies in the Oklahoma Breeding Development
Administration Revolving Fund shall be transferred to the Oklahoma
Breeding Development Fund Special Account.
Status: in_force · Read it on the official government site
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