Okla. Stat. tit. 70, § 70-15-210
This is the official text of Okla. Stat. tit. 70, § 70-15-210, part of Oklahoma’s Stat. tit. 70, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 70,." Browse the sections below, each linked to its official government source.
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Collection of deficient payments from school districts
Official statutory text
A. If the Commissioners make payment from the fund on behalf of
a school district, the Commissioners shall withhold from any trust
fund apportionment payable to the school district until the amount
paid, plus interest, is repaid in full or the Commissioners may
proceed to collect the deficient payments plus interest and
reasonable attorney fees as provided by Section 365.5 of Title 62 of
the Oklahoma Statutes. Monies collected from said school district
for deficient payments shall be forwarded to the Commissioners
within thirty (30) days of collection. In the determination of
State Aid pursuant to Section 18-200 of Title 70 of the Oklahoma
Statutes the State Apportionment component of the Foundation Program
Oklahoma Statutes - Title 70. Schools Page 686
Income shall be determined as if the school district had received
all state apportionment funds withheld pursuant to this section.
B. The amount withheld shall be deposited to the credit of the
permanent school fund.
C. Immediately following any payments from the fund on behalf
of a school district pursuant to this section, the Commissioners
shall notify the State Treasurer of the payment for purposes of
taking any action as is required by Section 8 of this act.
a school district, the Commissioners shall withhold from any trust
fund apportionment payable to the school district until the amount
paid, plus interest, is repaid in full or the Commissioners may
proceed to collect the deficient payments plus interest and
reasonable attorney fees as provided by Section 365.5 of Title 62 of
the Oklahoma Statutes. Monies collected from said school district
for deficient payments shall be forwarded to the Commissioners
within thirty (30) days of collection. In the determination of
State Aid pursuant to Section 18-200 of Title 70 of the Oklahoma
Statutes the State Apportionment component of the Foundation Program
Oklahoma Statutes - Title 70. Schools Page 686
Income shall be determined as if the school district had received
all state apportionment funds withheld pursuant to this section.
B. The amount withheld shall be deposited to the credit of the
permanent school fund.
C. Immediately following any payments from the fund on behalf
of a school district pursuant to this section, the Commissioners
shall notify the State Treasurer of the payment for purposes of
taking any action as is required by Section 8 of this act.
Status: in_force · Read it on the official government site
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