Okla. Stat. tit. 74, § 74-5085.11
This is the official text of Okla. Stat. tit. 74, § 74-5085.11, 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 Capital Formation Revolving Fund
Official statutory text
A. There is hereby created in the State Treasury a revolving
fund for the Oklahoma Center for the Advancement of Science and
Technology to be designated the “Oklahoma Capital Formation
Revolving Fund”. The fund shall be a continuing fund, not subject
to fiscal year limitations, and shall consist of appropriated funds.
All monies accruing to the credit of the fund are hereby
appropriated and, as authorized by the Oklahoma Science and
Technology Research and Development Board, shall be expended by the
Oklahoma Center for the Advancement of Science and Technology to
perform the duties imposed upon the Board by law. Expenditures of
appropriated funds from the fund shall be made upon warrants issued
by the State Treasurer against claims filed as prescribed by law
with the Director of the Office of Management and Enterprise
Services for approval and payment.
B. On July 1, 1991, any unencumbered funds remaining in the
Oklahoma Capital Investment Board Revolving Fund shall be
Oklahoma Statutes - Title 74. State Government Page 1172
transferred to the credit of the Oklahoma Capital Formation
Revolving Fund. Any unexpended funds remaining in the Oklahoma
Capital Investment Board Revolving Fund after November 15, 1991,
shall be transferred to the credit of the Oklahoma Capital Formation
Revolving Fund.
fund for the Oklahoma Center for the Advancement of Science and
Technology to be designated the “Oklahoma Capital Formation
Revolving Fund”. The fund shall be a continuing fund, not subject
to fiscal year limitations, and shall consist of appropriated funds.
All monies accruing to the credit of the fund are hereby
appropriated and, as authorized by the Oklahoma Science and
Technology Research and Development Board, shall be expended by the
Oklahoma Center for the Advancement of Science and Technology to
perform the duties imposed upon the Board by law. Expenditures of
appropriated funds from the fund shall be made upon warrants issued
by the State Treasurer against claims filed as prescribed by law
with the Director of the Office of Management and Enterprise
Services for approval and payment.
B. On July 1, 1991, any unencumbered funds remaining in the
Oklahoma Capital Investment Board Revolving Fund shall be
Oklahoma Statutes - Title 74. State Government Page 1172
transferred to the credit of the Oklahoma Capital Formation
Revolving Fund. Any unexpended funds remaining in the Oklahoma
Capital Investment Board Revolving Fund after November 15, 1991,
shall be transferred to the credit of the Oklahoma Capital Formation
Revolving Fund.
Status: in_force · Read it on the official government site
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