Okla. Stat. tit. 74, § 74-5012
This is the official text of Okla. Stat. tit. 74, § 74-5012, 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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Oklahoma Department of Commerce Revolving Fund
Official statutory text
A. There is hereby created the "Oklahoma Department of Commerce
Revolving Fund". The fund shall consist of all monies, other than
appropriated monies, received by the Department which are not
directed to be placed into another fund. The fund shall be a
continuing fund not subject to fiscal year limitations and shall be
subject to the administrative direction of the Oklahoma Department
of Commerce. Expenditures from the fund shall be made upon warrants
issued by the State Treasurer against claims submitted to the
Director of the Office of Management and Enterprise Services.
Monies in the fund may be expended for the operating expenses of the
Department and shall be made pursuant to the laws of this state.
B. On July 1, 1986, any unallotted cash balance in the funds
created in Sections 678 and 2008 of this title shall be transferred
to the Oklahoma Department of Commerce Revolving Fund. All
outstanding financial obligations and encumbrances of the funds
created in Sections 678 and 2008 of this title are hereby
transferred to the Oklahoma Department of Commerce. After November
15, 1986, any unexpended balance in the funds created in Sections
678 and 2008 of this title shall be transferred to the Oklahoma
Department of Commerce Revolving Fund.
Revolving Fund". The fund shall consist of all monies, other than
appropriated monies, received by the Department which are not
directed to be placed into another fund. The fund shall be a
continuing fund not subject to fiscal year limitations and shall be
subject to the administrative direction of the Oklahoma Department
of Commerce. Expenditures from the fund shall be made upon warrants
issued by the State Treasurer against claims submitted to the
Director of the Office of Management and Enterprise Services.
Monies in the fund may be expended for the operating expenses of the
Department and shall be made pursuant to the laws of this state.
B. On July 1, 1986, any unallotted cash balance in the funds
created in Sections 678 and 2008 of this title shall be transferred
to the Oklahoma Department of Commerce Revolving Fund. All
outstanding financial obligations and encumbrances of the funds
created in Sections 678 and 2008 of this title are hereby
transferred to the Oklahoma Department of Commerce. After November
15, 1986, any unexpended balance in the funds created in Sections
678 and 2008 of this title shall be transferred to the Oklahoma
Department of Commerce Revolving Fund.
Status: in_force · Read it on the official government site
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