Okla. Stat. tit. 68, § 68-1373
This is the official text of Okla. Stat. tit. 68, § 68-1373, part of Oklahoma’s Stat. tit. 68, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 68,." 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.
Sales Tax Remitting Account - Creation - Contents -
Official statutory text
Investment of deposits.
A. There is hereby created within the State Treasury an account
to be designated the "Sales Tax Remitting Account".
B. The account shall consist of all sales tax revenue,
penalties and interest, collected by the Oklahoma Tax Commission
pursuant to the Oklahoma Sales Tax Code, Section 1350 et seq. of
this title, all sales tax revenue, penalties and interest collected
by the Oklahoma Tax Commission on behalf of counties or
municipalities pursuant to a contractual agreement authorized by
Section 1371 or Section 2702 of this title and all use tax revenue,
penalties and interest collected by the Oklahoma Tax Commission on
behalf of municipalities pursuant to a contractual agreement
authorized by Section 2702 of this title.
C. The State Treasurer shall invest the monies deposited in the
Sales Tax Remitting Account in investments as authorized by law for
municipalities and counties and in a manner consistent with the
requirements of law concerning remittance of sales tax revenue to
municipalities and counties upon behalf of which the Oklahoma Tax
Commission collects such taxes.
A. There is hereby created within the State Treasury an account
to be designated the "Sales Tax Remitting Account".
B. The account shall consist of all sales tax revenue,
penalties and interest, collected by the Oklahoma Tax Commission
pursuant to the Oklahoma Sales Tax Code, Section 1350 et seq. of
this title, all sales tax revenue, penalties and interest collected
by the Oklahoma Tax Commission on behalf of counties or
municipalities pursuant to a contractual agreement authorized by
Section 1371 or Section 2702 of this title and all use tax revenue,
penalties and interest collected by the Oklahoma Tax Commission on
behalf of municipalities pursuant to a contractual agreement
authorized by Section 2702 of this title.
C. The State Treasurer shall invest the monies deposited in the
Sales Tax Remitting Account in investments as authorized by law for
municipalities and counties and in a manner consistent with the
requirements of law concerning remittance of sales tax revenue to
municipalities and counties upon behalf of which the Oklahoma Tax
Commission collects such taxes.
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.