Okla. Stat. tit. 70, § 70-17-106.3
This is the official text of Okla. Stat. tit. 70, § 70-17-106.3, 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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Deposit of contributions and dedicated revenues -
Official statutory text
Warrants and vouchers.
A. All employee and employer contributions and dedicated
revenues shall be deposited in the Oklahoma Teachers’ Retirement
Fund in the State Treasury. The Board of Trustees of the Teachers’
Retirement System of Oklahoma shall have the responsibility for the
management of the Oklahoma Teachers’ Retirement Fund, and may
transfer monies used for investment purposes by the Teachers’
Retirement System of Oklahoma from the Oklahoma Teachers’ Retirement
Fund in the State Treasury to the custodian bank or trust company of
the System.
B. All benefits payable pursuant to the provisions of the
Teachers’ Retirement System of Oklahoma, refunds of contribution and
overpayments, and all administrative expenses in connection with the
System shall be paid from the Oklahoma Teachers’ Retirement Fund
upon warrants or vouchers signed by two persons designated by the
Board of Trustees. The Board of Trustees may transfer monies from
the custodian bank or trust company of the System to the Oklahoma
Teachers’ Retirement Fund in the State Treasury for the purposes
specified in this subsection.
A. All employee and employer contributions and dedicated
revenues shall be deposited in the Oklahoma Teachers’ Retirement
Fund in the State Treasury. The Board of Trustees of the Teachers’
Retirement System of Oklahoma shall have the responsibility for the
management of the Oklahoma Teachers’ Retirement Fund, and may
transfer monies used for investment purposes by the Teachers’
Retirement System of Oklahoma from the Oklahoma Teachers’ Retirement
Fund in the State Treasury to the custodian bank or trust company of
the System.
B. All benefits payable pursuant to the provisions of the
Teachers’ Retirement System of Oklahoma, refunds of contribution and
overpayments, and all administrative expenses in connection with the
System shall be paid from the Oklahoma Teachers’ Retirement Fund
upon warrants or vouchers signed by two persons designated by the
Board of Trustees. The Board of Trustees may transfer monies from
the custodian bank or trust company of the System to the Oklahoma
Teachers’ Retirement Fund in the State Treasury for the purposes
specified in this subsection.
Status: in_force · Read it on the official government site
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