Okla. Stat. tit. 82, § 82-865: District funds - Deposit - Official bonds - Surety

The funds of the district shall be deposited in accordance with

Section 870 of this title and any bond resolutions or indentures

issued thereunder. The Chief Executive Officer, the treasurer and

all other officers, agents and employees of the district who shall

be charged with the collection, custody or payment of any funds of

the district shall give bond conditioned on the faithful performance

of their duties and an accounting for all funds and property of the

district coming into their respective hands, each of which bonds

shall be in form and amount and with a surety, which shall be a

surety company authorized to do business in the state, approved by

the Board, and the premiums on such bonds shall be paid by the

district and charged as an operating expense.