Okla. Stat. tit. 60, § 60-177.4
This is the official text of Okla. Stat. tit. 60, § 60-177.4, part of Oklahoma’s Stat. tit. 60, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 60,." Browse the sections below, each linked to its official government source.
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Endorsement of short-term cash management program by
Official statutory text
corporation, partnership and other entity deriving income from
public funds - Revocation or forfeiture of certificate.
Corporations, partnerships and other entities which derive
income from public funds shall be prohibited from endorsing any
short-term cash management program, as defined by Section 177.2 of
Title 60 of the Oklahoma Statutes, and receiving any compensation
for the endorsement thereof. Any corporation or partnership which
violates the provisions of this section may have the certificate of
incorporation or certificate of partnership of the entity revoked or
forfeited pursuant to law. The provisions of this section shall not
prohibit a corporation, partnership or other entity which renders
professional services to a school district or county pursuant to a
short-term cash management program from receiving compensation for
the services.
public funds - Revocation or forfeiture of certificate.
Corporations, partnerships and other entities which derive
income from public funds shall be prohibited from endorsing any
short-term cash management program, as defined by Section 177.2 of
Title 60 of the Oklahoma Statutes, and receiving any compensation
for the endorsement thereof. Any corporation or partnership which
violates the provisions of this section may have the certificate of
incorporation or certificate of partnership of the entity revoked or
forfeited pursuant to law. The provisions of this section shall not
prohibit a corporation, partnership or other entity which renders
professional services to a school district or county pursuant to a
short-term cash management program from receiving compensation for
the services.
Status: in_force · Read it on the official government site
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