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Oklahoma · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Okla. Stat. tit. 36, § 36-4606.1: State-based Exchange Revolving Fund

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Where this section sits in the code
  1. OK Code
  2. Title 36

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

fund for the Insurance Department, to be designated the "State-based

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

subject to fiscal year limitations, and shall consist of any monies

deposited to the fund for the creation, implementation,

administration, and operation of the State-based Exchange as

authorized in subsection A of Section 1 of this act. All monies

accruing to the credit of the fund are hereby appropriated and may

be budgeted and expended by the Department for the creation,

implementation, administration, and operation of the State-based

Exchange. Warrants for expenditures from the revolving fund shall

be drawn by the State Treasurer, based on claims signed by an

authorized employee or employees of the Insurance Department, and

filed with the Director of the Office of Management and Enterprise

Services.

B. Notwithstanding any law to the contrary, all monies,

including but not limited to user fees, paid to or collected by the

Insurance Commissioner in relation to the State-based Exchange shall

be deposited in the State-based Exchange Revolving Fund. Monies

shall not lapse, unless otherwise specified under federal funding or

federal grant, or a grant or funds from another source, or be

transferred to the State Insurance Commissioner Revolving Fund or

other state funds and shall not be redistributed.

Collected 2026-09-14T18:32:36Z. Source file · JSON

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