Okla. Stat. tit. 74, § 74-1226.8: Monies received held as trust funds
Where this section sits in the code
- OK Code
- Title 74
All monies received pursuant to the authority of this act,
whether as proceeds from the sale of bonds or as revenues, shall be
deemed to be trust funds, to be held and applied solely as provided
in this act. The resolution authorizing the bonds of any issue or
the trust agreement securing such bonds shall provide that any
officer to whom, or any bank or trust company to which, such monies
shall be paid shall act as trustee of such monies and shall hold and
apply the same for the purposes hereof, subject to such regulations
as this act and such resolution or trust agreement may provide.
Collected 2026-09-14T18:32:36Z. Source file · JSON