§ 57.90. Investment of sinking fund
Oklahoma Statutes AnnotatedTitle 62. Public Finance
62 Okl.St.Ann. § 57.90
§ 57.90. Investment of sinking fund
The State Treasurer shall invest all sinking fund monies in direct obligations of the United States of America or in certificates of deposits from banks in the State of Oklahoma acceptable as depositories by the State Treasurer when such certificates of deposits are secured by acceptable collateral and yield as much or more than direct obligations of the United States of America, to mature in time to meet the principal and interest payments on the 1965 Institutional Building Bonds Series C, which earnings shall be deposited in the sinking fund.
Credits
Laws 1967, c. 289, § 10, emerg. eff. May 8, 1967; Laws 1989, c. 343, § 15, operative July 1, 1989.
62 Okl. St. Ann. § 57.90, OK ST T. 62 § 57.90
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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