Okla. Stat. tit. 44, § 44-233.7: Oklahoma Military Department Revolving Fund
Where this section sits in the code
- OK Code
- Title 44
There is hereby created in the State Treasury a revolving fund
for the Oklahoma Military Department to be designated the "Oklahoma
Military Department Revolving Fund". The fund shall be a continuing
fund, not subject to fiscal year limitations, and shall consist of
any monies received by the Oklahoma Military Department from the
sale of surplus property, fees and receipts collected pursuant to
the Oklahoma Open Records Act, interagency reimbursements, federal
funds unless otherwise provided by federal law or regulation, gifts,
bequests, contributions, devises, any other source, and the proceeds
of property sold or otherwise disposed of pursuant to the provisions
of subsection B of Section 233.3 of this title. All monies accruing
to the credit of said fund are hereby appropriated and may be
budgeted and expended by the Oklahoma Military Department for
construction, repairs, and maintenance, equipment for facilities of
the Oklahoma National Guard, or for operating expenses of the
Oklahoma Military Department. Expenditures from said 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. All
monies in the fund may, at the direction of the Adjutant General, be
invested by the State Treasurer in accordance with state investment
practices. All earnings attributable to such investments shall
likewise accrue to the credit of the fund.
Collected 2026-09-14T18:32:36Z. Source file · JSON