Okla. Stat. tit. 74, § 74-85.58L

Revolving Fund.

A. There is hereby created in the State Treasury a revolving

fund for the Office of Management and Enterprise Services, to be

designated the "Risk Management Political Subdivision Participation

Revolving Fund". The fund shall be a continuing fund, not subject

to fiscal year limitations, and shall consist of any monies

transferred thereto by an act of the Legislature and any fees

collected by the Office of Management and Enterprise Services and

deposited pursuant to law. All monies accruing to the credit of

said fund shall be expended by the Office of Management and

Enterprise Services for the purposes specified by this section and

the salaries and administrative expenses of support staff

responsible for administering the fund and expenses the Office

incurs to support program operations. Expenditures 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. Within the Risk Management Political Subdivision

Participation Revolving Fund, there is hereby created the

Conservation District Protection Account. The account shall be set

apart as a separate, permanent and perpetual account not subject to

fiscal year limitations and shall consist of:

1. All fees and other monies received pursuant to Section

85.58I of this title; and

2. Interest attributable to investment of monies in the

account.

C. 1. The monies deposited in the Risk Management Political

Subdivision Participation Revolving Fund shall at no time become

monies of any other state agency. Except as otherwise authorized by

this subsection, no monies from the Risk Management Political

Subdivision Participation Revolving Fund shall be transferred for

any purpose to any other state agency or be used for the purpose of

Oklahoma Statutes - Title 74. State Government Page 223

contracting with any other state agency or reimbursing any other

state agency for any expense.

2. Monies in the Risk Management Political Subdivision

Participation Revolving Fund shall only be expended for:

a. the purposes specified by this section, and

b. costs incurred by the Comprehensive Professional Risk

Management Program for the administration of duties

this section specifies and expenses the Department

incurs to support program operations.

D. Any costs incurred by the Office of Management and

Enterprise Services pursuant to the provisions of this section shall

not exceed the actual expenditures made by the Office of Management

and Enterprise Services to implement the provisions of this section.

E. Payment of claims from the Risk Management Political

Subdivision Participation Revolving Fund shall not become or be

construed to be an obligation of this state. No claims submitted

for reimbursement or payment from the fund shall be paid with state

monies.