Okla. Stat. tit. 70, § 70-5-129.2
This is the official text of Okla. Stat. tit. 70, § 70-5-129.2, 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.
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.
Separate accounts - Disbursements - Approval by boards
Official statutory text
of education - Transfer of funds.
A. In conformance with any other law providing procedures for
the deposit of such funds, area school districts shall be authorized
to establish separate accounts for deposits received for live work,
resale items, student financial aid, tuitions and other fees. Such
funds shall be deposited to the credit of the account maintained for
that particular purpose. Disbursements from each account shall be
by check countersigned by the custodian of the account and shall not
be used for any purpose other than that for which the account was
originally created.
B. The board of education of the technology center school
district, at the beginning of each fiscal year and as needed during
each fiscal year, shall approve all accounts created pursuant to
this section and all purposes for which the monies collected in each
account may be expended. Provided, the board of education may
direct by written resolution that any balance in excess of the
amount needed to fulfill the function or purpose for which an
account was established may be transferred to another account by the
custodian.
A. In conformance with any other law providing procedures for
the deposit of such funds, area school districts shall be authorized
to establish separate accounts for deposits received for live work,
resale items, student financial aid, tuitions and other fees. Such
funds shall be deposited to the credit of the account maintained for
that particular purpose. Disbursements from each account shall be
by check countersigned by the custodian of the account and shall not
be used for any purpose other than that for which the account was
originally created.
B. The board of education of the technology center school
district, at the beginning of each fiscal year and as needed during
each fiscal year, shall approve all accounts created pursuant to
this section and all purposes for which the monies collected in each
account may be expended. Provided, the board of education may
direct by written resolution that any balance in excess of the
amount needed to fulfill the function or purpose for which an
account was established may be transferred to another account by the
custodian.
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.