Okla. Stat. tit. 62, § 62-34.80

Management and Enterprise Services - Revocation and cancellation of

unpaid obligations - Reissuance - Canceled Warrant Fund.

A. All warrants, checks or orders issued by the State Treasurer

against claims submitted through the Office of Management and

Enterprise Services in payment of obligations of the state which

shall for any cause remain outstanding or unpaid for a period of

ninety (90) days after funds are available for their payment shall

be revoked and canceled.

B. Such warrants, checks or orders shall be entered into the

records of the Office of Management and Enterprise Services and the

State Treasurer and the administrative head of the agency certifying

the claim for payment shall be notified that such items have been

canceled.

C. If, for any reason, a warrant should not be issued to

replace a warrant canceled pursuant to the provisions of this

section, the administrative head of the agency originally certifying

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the claim for payment shall, within seven (7) days after

notification of the cancellation, advise the Director of the Office

of Management and Enterprise Services that a reissue should not be

made.

D. Notwithstanding the provisions of subsection B of this

section, warrants issued or caused to be issued by the Department of

Human Services for public assistance or medical assistance may be

reissued at any time within three (3) years after cancellation upon

submission of the canceled warrants to the Department.

E. No canceled warrants shall be paid, except that the holder

of any warrant that may have been canceled pursuant to the

provisions of this section may, within thirty-six (36) months

following the month in which the warrant was canceled, present the

warrant or an affidavit of loss or destruction and a request for

reissuance to the Director of the Office of Management and

Enterprise Services.

F. The Director of the Office of Management and Enterprise

Services shall certify a claim as needed for payment of those

verified unpaid requests presented, unless the certifying agency has

advised that a reissuance should not be made.

G. 1. There is hereby created in the State Treasury a fund to

be known as the Canceled Warrant Fund.

2. The Director of the Office of Management and Enterprise

Services shall transfer to the Canceled Warrant Fund the total of

the payable amounts of the warrants canceled pursuant to the

provisions of this section from the funds and accounts against which

the canceled warrants had been drawn.

3. The Office of Management and Enterprise Services shall

disburse from the fund such amounts as necessary to pay warrants

reissued as provided in this section.

4. These expenditures shall remain recorded in the funds and

accounts against which the original canceled warrants were issued

and they shall not be considered expenses of the state nor shall

receipts to the fund be considered revenue to the state.

5. Any such claim drawn against the Canceled Warrant Fund shall

identify the current holder of record and the warrant number of the

canceled warrant, which shall be provided on the warrant record.

H. The Director of the Office of Management and Enterprise

Services shall determine the minimum necessary balance to be

maintained in the Canceled Warrant Fund and on the third Monday of

October shall transfer the amount in excess of the required minimum

balance to the General Revenue Fund of the current year. The

minimum balance retained shall be not less than the total amount of

the warrants canceled by statute within the past thirty-six (36)

months preceding October 1 of each year and which remain eligible

for replacement according to the records of the Office of Management

and Enterprise Services. Provided, funds in the Canceled Warrant

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Fund due to the cancellation of warrants from the Crime Victims
l amount of

the warrants canceled by statute within the past thirty-six (36)

months preceding October 1 of each year and which remain eligible

for replacement according to the records of the Office of Management

and Enterprise Services. Provided, funds in the Canceled Warrant

Oklahoma Statutes - Title 62. Public Finance Page 119

Fund due to the cancellation of warrants from the Crime Victims

Compensation Fund shall be transferred to the Crime Victims

Compensation Fund and not to the General Revenue Fund.