Okla. Stat. tit. 62, § 62-57.306: Oklahoma Building Bonds of 1992 Fund - Investment of

funds.

A. There is hereby created in the State Treasury of the State

of Oklahoma the "Oklahoma Building Bonds of 1992 Fund". The proceeds

of the sale of bonds pursuant to this act shall be deposited in said

fund, where they shall remain subject to disposition to be provided

for by the Legislature of this state, provided that the State

Treasurer, when so directed by the Commission, shall invest the

amounts designated by the Commission for the period of time

specified by the Commission; provided that all such investments of

said monies must be made so that the same shall mature in time to

enable the State of Oklahoma to issue warrants for payment of the

valid obligations incurred for the purpose for which the bonds were

issued.

B. It shall be the duty of the Director of the Office of

Management and Enterprise Services to promptly certify to the State

Treasurer the amount of all sums not needed for payment of

construction and other legal expenditures payable from the fund to

meet the payment schedule, and upon receipt of such certification

the State Treasurer shall forthwith invest such funds.

C. All interest received by the State Treasurer for such

investments shall be utilized pursuant to appropriations by the

Legislature.