Okla. Stat. tit. 27A, § 27A-2-10-503: Fund pooling agreements or multiple beneficiary

public trusts - Financial assistance programs.

A. Municipalities, counties and regional solid waste management

districts may directly, or through a public trust of which they are

a beneficiary, enter into agreements or multiple beneficiary public

trusts to combine or pool funds by contract with other

municipalities, counties, regional solid waste management districts,

and public trusts for management and investment when deemed

necessary to provide escrow or security funds to ensure operation,

maintenance, or closure of solid waste management systems and

disposal sites under applicable federal, state or local law.

B. One or more municipalities may establish or participate in a

program that provides for each participating municipality or any

participating county or regional solid waste management district to

furnish financial assurance as required by the Resource Conservation

and Recovery Act, 42 U.S.C., Section 6901 et seq., or any other

federal, state or local law. The program may establish any

combination of financing mechanisms necessary to ensure that funds

will be available in a timely fashion when needed to meet a

participating entity's obligation thereunder. The program may

provide for participating entities to use any means available to

them to meet financial obligations pursuant to laws of the state.

The program may ensure enforcement of the payment of any financial

assurance obligation by a participating entity.