{"data":{"id":"us-ok/okla.-stat.-tit.-62-62-57.175","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 62, § 62-57.175","heading":"Deposit of proceeds - Investment","body":"Notwithstanding the provisions of Section 57.133, Title 62,\n\nOklahoma Statutes, to the contrary, the proceeds from the sale of\n\nsuch Series D Bonds shall be deposited in the State of Oklahoma\n\nBuilding Bonds of 1968 Fund, where the proceeds shall remain subject\n\nto disposition as provided for by the Legislature of Oklahoma,\n\nprovided that it shall be the duty of the agency to which an\n\nappropriation therefrom is made by Senate Bill No. 374 of the lst\n\nSession of the 34th Oklahoma Legislature to advise in writing the\n\nState Treasurer of the dates and amounts when each such appropriated\n\nsum or portion thereof will be required by such agency to satisfy\n\nits program for the expenditure thereof, such written advice to be\n\ndelivered by each such agency to the State Treasurer within ten (10)\n\ndays of the sale of such bonds, and it shall be the duty of the\n\nState Treasurer to invest the proceeds from the sale of such bonds\n\nin direct obligation of the United States of America or in\n\ncertificates of deposit from banks in Oklahoma acceptable as\n\ndepositories by the State Treasurer when such certificates of\n\ndeposit are secured by acceptable collateral and yield as much or\n\nmore than direct obligations of the United States of America,\n\nmaturing at such times and in such amounts as to enable the State of\n\nOklahoma to issue warrants in the amounts and at the times indicated\n\nby the said agencies in their said written advices to the State\n\nTreasurer, and the income from such investments shall be deposited\n\nby the State Treasurer in the State of Oklahoma Building Bonds of\n\n1968 Sinking Fund and shall be used to pay the interest on such\n\nSeries D Bonds.","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":"1615d73cd3d0a1a8caf5299ad591ad76041500f6a0379a72c3f8fe61187684a3","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-62-62-57.174","next":"us-ok/okla.-stat.-tit.-62-62-57.176"},"notice":"GroundRules: Original legal text. Not legal advice."}