Okla. Stat. tit. 62, § 62-545
This is the official text of Okla. Stat. tit. 62, § 62-545, 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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Application of statute - Intention of Legislature
Official statutory text
It is hereby declared to be the intent of the Legislature that
this act shall apply to any and all investments that may be made
from and after the effective date of this act out of the sinking
funds of the state or any of its municipal subdivision, and likewise
to the sale of all bonds and securities now owned or held or that
may hereafter be owned or held as investments for any of the sinking
funds in the custody of the Treasurer of the State, or any county,
city, town or board of education thereof. It is further declared to
be the intent of the Legislature that all reference in this act to
sinking funds in the custody of the county treasurer shall be deemed
to include the sinking funds of such county, of the several
townships, and of the several dependent school districts thereof;
and with reference to such county treasurer, the board of county
commissioners of such county shall be deemed his governing board,
being the board to whom he is, by law, required to account, wherever
the concurrence or authority of such governing board is required
with reference to the making of investment in sinking fund monies or
the sale of the securities so purchased.
this act shall apply to any and all investments that may be made
from and after the effective date of this act out of the sinking
funds of the state or any of its municipal subdivision, and likewise
to the sale of all bonds and securities now owned or held or that
may hereafter be owned or held as investments for any of the sinking
funds in the custody of the Treasurer of the State, or any county,
city, town or board of education thereof. It is further declared to
be the intent of the Legislature that all reference in this act to
sinking funds in the custody of the county treasurer shall be deemed
to include the sinking funds of such county, of the several
townships, and of the several dependent school districts thereof;
and with reference to such county treasurer, the board of county
commissioners of such county shall be deemed his governing board,
being the board to whom he is, by law, required to account, wherever
the concurrence or authority of such governing board is required
with reference to the making of investment in sinking fund monies or
the sale of the securities so purchased.
Status: in_force · Read it on the official government site
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