Okla. Stat. tit. 62, § 62-277.2
This is the official text of Okla. Stat. tit. 62, § 62-277.2, 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.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Investments - Interest
Official statutory text
The State Treasurer is hereby authorized and directed to invest
federal revenue sharing monies in direct obligations of the United
States of America or in certificates of deposits from banks in the
State of Oklahoma, acceptable as depositories, when such
certificates of deposits are secured by acceptable collateral and
yield as much or more than direct obligations of the United States
of America. Earnings or interest on federal revenue sharing monies
shall be deposited in the Federal Revenue Sharing Fund.
federal revenue sharing monies in direct obligations of the United
States of America or in certificates of deposits from banks in the
State of Oklahoma, acceptable as depositories, when such
certificates of deposits are secured by acceptable collateral and
yield as much or more than direct obligations of the United States
of America. Earnings or interest on federal revenue sharing monies
shall be deposited in the Federal Revenue Sharing Fund.
Status: in_force · Read it on the official government site
Need a lawyer in Oklahoma?
Find a Oklahoma lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.