Okla. Stat. tit. 40, § 40-4-306

This is the official text of Okla. Stat. tit. 40, § 40-4-306, part of Oklahoma’s Stat. tit. 40, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 40,." Browse the sections below, each linked to its official government source.

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Report to Governor

Official statutory text

REPORT TO GOVERNOR. Not later than the fifteenth day of

February of each year, the Commission shall submit to the Governor a

report covering the administration and operation of this act during

the preceding calendar year and shall make such recommendations for

amendments to this act as the Commission shall deem proper. Such

Oklahoma Statutes - Title 40. Labor Page 165

report shall include a balance sheet of the moneys in the fund in

which there shall be provided, if possible, a reserve against the

liability in future years to pay benefits in excess of the then

current contributions, which reserve shall be set up by the

Commission in accordance with accepted actuarial principles on the

basis of statistics of employment, business activity, and other

relevant factors for the longest possible period.

Status: in_force · Read it on the official government site

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