Okla. Stat. tit. 47, § 47-1104.28: Piedmont Public Schools Education Foundation License

Plate Revolving Fund.

A. Twenty Dollars ($20.00) of the fee authorized by Section

1135.5 of Title 47 of the Oklahoma Statutes for Piedmont Education

Foundation license plates shall be deposited by Service Oklahoma to

the Piedmont Public Schools Education Foundation License Plate

Revolving Fund created in subsection B of this section.

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

fund for the State Department of Education to be designated the

“Piedmont Public Schools Education Foundation License Plate

Revolving Fund”. The fund shall consist of all monies received

pursuant to subsection A of this section. All monies accruing to

the credit of the fund are hereby appropriated and may be budgeted

and expended by the State Department of Education for grants to the

Piedmont Public Schools Education Foundation to fund scholarships

and teacher grants to Piedmont School District’s students and

teachers. Expenditures from the 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.