{"data":{"id":"us-ok/okla.-stat.-tit.-62-62-57.185","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 62, § 62-57.185","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 E Bonds, Section 1, this act, shall be deposited in the\n\nState of Oklahoma Building Bonds of 1968 Fund, where the proceeds\n\nshall remain subject to disposition as provided for by the\n\nLegislature of Oklahoma, provided that it shall be the duty of the\n\nagency to which an appropriation therefrom is made to advise in\n\nwriting the State Treasurer of the dates and amounts when each such\n\nappropriated sum or portion thereof will be required by such agency\n\nto satisfy its program for the expenditure thereof, such written\n\nadvice to be delivered by each such agency to the State Treasurer\n\nwithin ten (10) days of the sale of such bonds, and it shall be the\n\nduty of the State Treasurer to invest the proceeds from the sale of\n\nsuch bonds in direct obligation of the United States of America or\n\nin certificates 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 E 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":"e04bed1cac2d084cd9189affd1137523b8d8176ba7871f1ab2c53ddbdf17bb87","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-62-62-57.184","next":"us-ok/okla.-stat.-tit.-62-62-57.186"},"notice":"GroundRules: Original legal text. Not legal advice."}