Okla. Stat. tit. 74, § 74-3909

This is the official text of Okla. Stat. tit. 74, § 74-3909, part of Oklahoma’s Stat. tit. 74, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 74,." Browse the sections below, each linked to its official government source.

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One-year period for ceasing affairs - Abolition -

Official statutory text

Transfer of funds to General Revenue Fund - Payment of debts -

Equipment and supplies - Other obligations.

Oklahoma Statutes - Title 74. State Government Page 987

A. Except as otherwise provided by law, any statutory entity

listed in Sections 3903 through 3908 of this title which is

terminated shall have a period of one (1) year after its termination

date for the purpose of ceasing its affairs and termination shall

not reduce or otherwise limit the powers, duties, or functions of

said entity. Upon the expiration of the one-year period, the entity

and its personnel positions shall be abolished.

B. Except as otherwise provided by law, one (1) year after the

termination date of a statutory entity, the State Treasurer shall

transfer all funds of that entity to the General Revenue Fund. All

debts of that entity shall be paid by the State Treasurer from the

funds of that statutory entity. All equipment, files, fixtures,

furniture, and supplies of the terminated entity shall be

transferred to the Office of Management and Enterprise Services to

be stored or disposed of as specified by law. Any other outstanding

obligations or functions remaining to be performed after termination

of an entity shall be performed by the Office of Management and

Enterprise Services until provisions are made for such obligations

or functions by the Legislature.

Status: in_force · Read it on the official government site

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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.