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

Okla. Stat. tit. 59, § 59-858-205: Oklahoma Real Estate Commission Revolving Fund

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Where this section sits in the code
  1. OK Code
  2. Title 59

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

fund for the Oklahoma Real Estate Commission, to be designated the

"Oklahoma Real Estate Commission Revolving Fund". The fund shall

consist of all monies received by the Oklahoma Real Estate

Commission other than the Oklahoma Real Estate Education and

Recovery Fund fees or appropriated funds. The revolving fund shall

be a continuing fund not subject to fiscal year limitations and

shall be under the control and management of the Oklahoma Real

Estate Commission.

B. The Oklahoma Real Estate Commission may invest all or part

of the monies of the fund in securities offered through the

"Oklahoma State Treasurer's Cash Management Program". Any interest

or dividends accruing from the securities and any monies generated

at the time of redemption of the securities shall be deposited in

the General Operating Fund of the Oklahoma Real Estate Commission.

All monies accruing to the credit of the fund are hereby

appropriated and may be budgeted and expended by the Oklahoma Real

Estate Commission.

C. Expenditures from this fund shall be made pursuant to the

purposes of this Code and without legislative appropriation.

Warrants for expenditures shall be drawn by the State Treasurer

based on claims signed by an authorized employee or employees of the

Oklahoma Real Estate Commission and approved for payment by the

Director of the Office of Management and Enterprise Services.

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

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