Okla. Stat. tit. 82, § 82-1801.4
This is the official text of Okla. Stat. tit. 82, § 82-1801.4, part of Oklahoma’s Stat. tit. 82, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 82,." Browse the sections below, each linked to its official government source.
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Funding – Voluntary Participation Account
Official statutory text
A. Funding to administer the provisions of the Oklahoma Weather
Modification Act shall be provided by an appropriation of up to One
Million Dollars ($1,000,000.00) made pursuant to law. In addition,
voluntary participation by insurance companies and other interested
persons, firms or corporations to reach a goal of Two Million
Dollars ($2,000,000.00) for a total of Three Million Dollars
($3,000,000.00) for the first year of the program. Goals for
Oklahoma Statutes - Title 82. Waters and Water Rights Page 403
successive years will be Three Million Dollars ($3,000,000.00) from
the insurance companies and other interested parties. Voluntary
assessments for insurance companies pursuant to this section shall
be based on the amount of insurance premiums written in this state
on property insurance, as defined in Section 704 of Title 36 of the
Oklahoma Statutes, and casualty insurance as defined in Section 707
of Title 36 of the Oklahoma Statutes, excluding accident and health
insurance, workers' compensation insurance, burglary and theft
insurance, leakage and fire extinguishing equipment insurance,
credit insurance, malpractice insurance, and entertainments
insurance.
B. Funding assessments to the insurance companies related to
the provisions of this section shall be administered by the State
Insurance Department. The Insurance Department shall be authorized
to employ one additional full-time employee to perform these duties,
funding for which shall be provided by proceeds derived from the
provisions of this act. The State Insurance Department is hereby
authorized to promulgate rules necessary to implement the provisions
of this section.
C. There is hereby created an account within the Oklahoma
Weather Modification Revolving Fund created pursuant to Section
1085.6 of this title. The account shall be designated as the
"Voluntary Participation Account" and shall consist of all monies
received on behalf of the Oklahoma Weather Modification program
pursuant to this act. All monies accruing to the credit of the
account are hereby appropriated and may be budgeted and expended by
the Oklahoma Weather Modification Advisory Board for expenses
relating to administration, duties, operations, maintenance, special
projects and acquisitions for the Weather Modification Program.
Expenditures from the account 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.
Modification Act shall be provided by an appropriation of up to One
Million Dollars ($1,000,000.00) made pursuant to law. In addition,
voluntary participation by insurance companies and other interested
persons, firms or corporations to reach a goal of Two Million
Dollars ($2,000,000.00) for a total of Three Million Dollars
($3,000,000.00) for the first year of the program. Goals for
Oklahoma Statutes - Title 82. Waters and Water Rights Page 403
successive years will be Three Million Dollars ($3,000,000.00) from
the insurance companies and other interested parties. Voluntary
assessments for insurance companies pursuant to this section shall
be based on the amount of insurance premiums written in this state
on property insurance, as defined in Section 704 of Title 36 of the
Oklahoma Statutes, and casualty insurance as defined in Section 707
of Title 36 of the Oklahoma Statutes, excluding accident and health
insurance, workers' compensation insurance, burglary and theft
insurance, leakage and fire extinguishing equipment insurance,
credit insurance, malpractice insurance, and entertainments
insurance.
B. Funding assessments to the insurance companies related to
the provisions of this section shall be administered by the State
Insurance Department. The Insurance Department shall be authorized
to employ one additional full-time employee to perform these duties,
funding for which shall be provided by proceeds derived from the
provisions of this act. The State Insurance Department is hereby
authorized to promulgate rules necessary to implement the provisions
of this section.
C. There is hereby created an account within the Oklahoma
Weather Modification Revolving Fund created pursuant to Section
1085.6 of this title. The account shall be designated as the
"Voluntary Participation Account" and shall consist of all monies
received on behalf of the Oklahoma Weather Modification program
pursuant to this act. All monies accruing to the credit of the
account are hereby appropriated and may be budgeted and expended by
the Oklahoma Weather Modification Advisory Board for expenses
relating to administration, duties, operations, maintenance, special
projects and acquisitions for the Weather Modification Program.
Expenditures from the account 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.
Status: in_force · Read it on the official government site
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