Okla. Stat. tit. 2, § 2-3-50.10: Boll Weevil Eradication Fund

A. There is hereby created the Boll Weevil Eradication Fund.

The Boll Weevil Eradication Fund shall be administered by the board

of directors for the benefit of the cotton growers in this state to

eradicate and ensure the long-term eradication and control of boll

weevils. The Boll Weevil Eradication Fund shall be established and

maintained in a bank or other depository approved by the

Commissioner.

B. The Boll Weevil Eradication Fund shall consist of:

1. All monies received by the board of directors as proceeds

from the assessment imposed pursuant to the Boll Weevil Eradication

Act;

2. Interest attributable to investment of money in the Boll

Weevil Eradication Fund; and

3. Monies received by the board of directors in the form of

gifts, grants, reimbursements, or from any other source designated

by law for deposit to the Boll Weevil Eradication Fund.

C. The monies deposited in the Boll Weevil Eradication Fund,

including emergency contingency funding for posteradication

infestation, shall at no time become monies of the state.

D. Monies in the Boll Weevil Eradication Fund shall only be

expended for:

1. Implementation and management of the Boll Weevil Eradication

Act; and

2. Costs incurred by the board of directors and the State Board

of Agriculture for the administration of the Boll Weevil Eradication

Act.

E. Any debts or obligations of the organization shall not

become or be construed to be obligations of the Oklahoma Department

of Agriculture, Food, and Forestry or this state.