Okla. Stat. tit. 69, § 69-402: State Highway Construction and Maintenance Fund - Use of -

Acceptance and disbursement of federal funds - Liability of State

Treasurer.

The Commission shall have authority to use any money in the

State Highway Construction and Maintenance Fund to carry out the

provisions of this article. Whenever the Commission contracts as

the agent of the Bureau of Public Roads, it shall be authorized to

accept and receive federal funds for disbursement in the discharge

of the obligation of such contracts, and to deposit same in a

special account in the State Treasury, and to disburse the same in

such manner as may be approved by the Bureau of Public Roads. The

State Treasurer and his bondsmen shall be liable for any such

federal funds so deposited by the Commission.