Okla. Stat. tit. 74, § 74-62.5: Special cash fund - Creation

A. There is hereby created a special cash fund in the State

Treasury for each state agency which requests that the Director

sell, trade, or redistribute to other state agencies any surplus

property.

B. All proceeds received from such transaction, and the

proceeds of any insurance claim arising from the loss by fire, theft

or casualty of insured material, supplies, or equipment shall be

deposited in such special cash fund of such state agency and may be

expended for the purchase or replacement of materials, supplies, or

equipment of such state agency and for the payment of the cost of

conducting any such transaction.

C. Whenever an unencumbered balance exists in said fund after

June 30, the close of each fiscal year, such balance shall lapse and

be transferred to the General Revenue Fund of the current fiscal

year.