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§ 120.2. Deposit of cash proceeds in revolving fund

Oklahoma Statutes AnnotatedTitle 62. Public Finance

Oklahoma Statutes Annotated
Title 62. Public Finance (Refs & Annos)
Chapter 1. State Fiscal Affairs
Exchange, Trade-in or Sale of Obsolete Equipment
62 Okl.St.Ann. § 120.2
§ 120.2. Deposit of cash proceeds in revolving fund
All cash amounts received by such state department, institution or agency from the sale of outworn, outmoded, obsolescent, or obsolete equipment shall be immediately deposited in the revolving fund of the department, institution or agency, to be used for the purchase of equipment comparable in kind and purpose to that sold.

Credits

Laws 1949, p. 419, § 2, emerg. eff. May 24, 1949.
62 Okl. St. Ann. § 120.2, OK ST T. 62 § 120.2
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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