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.
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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