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

Okla. Stat. tit. 62, § 62-88.1B: Investment of linked deposit program monies

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Where this section sits in the code
  1. OK Code
  2. Title 62

A. The amount that the State Treasurer may invest in all linked

deposit programs authorized by law shall not exceed the lesser of

Five Hundred Million Dollars ($500,000,000.00) or fifteen percent

(15%) of all monies available to the State Treasurer for investment

as calculated by taking the average of the quarter-end amount for

the previous four (4) quarters.

B. The State Treasurer shall on a quarterly basis review the

percentage of total investable state funds invested in all linked

deposit programs created by law to determine compliance with

subsection A of this section.

C. If the State Treasurer determines that more than the amount

allowable pursuant to subsection A of this section is invested in

all linked deposit programs created by law, the State Treasurer

shall suspend any renewal or any initiation of new linked deposit

program investments until the time that the State Treasurer

determines the investment percentage limitation established by this

section has been met and except as provided by Section 88.1A of this

title.

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

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