§ 177.4. Endorsement of short-term cash management program by corporation, partnership and othe...
Oklahoma Statutes AnnotatedTitle 60. Property
60 Okl.St.Ann. § 177.4
§ 177.4. Endorsement of short-term cash management program by corporation, partnership and other entity deriving income from public funds--Revocation or forfeiture of certificate
Corporations, partnerships and other entities which derive income from public funds shall be prohibited from endorsing any short-term cash management program, as defined by Section 177.2 of Title 60 of the Oklahoma Statutes, and receiving any compensation for the endorsement thereof. Any corporation or partnership which violates the provisions of this section may have the certificate of incorporation or certificate of partnership of the entity revoked or forfeited pursuant to law. The provisions of this section shall not prohibit a corporation, partnership or other entity which renders professional services to a school district or county pursuant to a short-term cash management program from receiving compensation for the services.
Credits
Laws 1991, c. 212, § 3, eff. Aug. 1, 1991.
60 Okl. St. Ann. § 177.4, OK ST T. 60 § 177.4
Current with emergency effective legislation through Chapter 257 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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