{"data":{"id":"us-ok/okla.-stat.-tit.-62-62-544","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 62, § 62-544","heading":"Apportionment of interest","body":"On or before the last day of each month the State Treasurer and\n\nthe treasurer of each county, city, town and board of education\n\nshall apportion and place to the credit of the sinking fund or\n\nsinking funds in his custody all interest earned and collected from\n\nthe investment of such sinking funds, as provided in the first and\n\nforegoing section of this act; provided, that in counties, where\n\ninvested securities have heretofore been purchased for the joint use\n\nand benefit of the several school districts and/or townships\n\nthereof, the amount so credited to each such sinking fund account\n\nshall bear the same ratio to the whole amount of interest so\n\ncollected, as the amount of such investment credited to the sinking\n\nfund account of each such school district and/or township bears to\n\nthe total amount so invested, in which last event the apportionment\n\nof such interest earnings shall be made immediately prior to the\n\n30th day of June of each year.","path":["OK Code","Title 62"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os62.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"1f954c1aa04a3ae83c87973a62cc05d4425e8b320f1e87c5e2f7c72c1f4c0036","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-62-62-543","next":"us-ok/okla.-stat.-tit.-62-62-545"},"notice":"GroundRules: Original legal text. Not legal advice."}