Okla. Stat. tit. 62, § 62-166d

This is the official text of Okla. Stat. tit. 62, § 62-166d, part of Oklahoma’s Stat. tit. 62, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 62,." Browse the sections below, each linked to its official government source.

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Southern Oklahoma Resource Center of Pauls Valley -

Official statutory text

Disposition of certain bonuses and royalties.

All royalty monies received upon behalf of this state, any and

all bonus monies received upon behalf of this state, and any and all

delay rentals received upon behalf of this state, in connection with

or pursuant to the provisions of any oil and gas lease covering any

of the lands occupied by, or assigned to the use of, the Southern

Oklahoma Statutes - Title 62. Public Finance Page 343

Oklahoma Resource Center of Pauls Valley, entered into by the Office

of Management and Enterprise Services, shall be deposited in the

revolving fund of the Southern Oklahoma Resource Center of Pauls

Valley and shall be expended by said institution in the same manner

that other treasury funds of said institution are expended as long

as the Southern Oklahoma Resource Center of Pauls Valley remains in

operation and for three (3) months thereafter. Upon expiration of

the three (3) months after closure, the revenue shall be placed in a

special agency clearing account to be used for establishing and

maintaining community households for people with intellectual

disabilities served by Developmental Disabilities Services at the

Department of Human Services. The Department of Human Services

shall promulgate rules for the administration of the fund and

specific items allowed. The Department of Human Services shall

submit an itemized report of all income and expenditures to the

account to the Governor, President Pro Tempore of the Senate and

Speaker of the House of Representatives annually.

Status: in_force · Read it on the official government site

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