§ 6. Investment of permanent common school and other educational funds
Oklahoma Statutes AnnotatedConstitution of the State of Oklahoma [Annotated]
OK Const. Art. 11, § 6
§ 6. Investment of permanent common school and other educational funds
A. The permanent common school and other educational funds may be invested in first mortgages upon good and improved farm lands within the state (and in no case shall more than fifty per centum (50%) of the reasonable valuation of the lands without improvements be loaned on any tract) and any other investments as authorized by law.
Credits
Amended by State Question No. 362, Legislative Referendum No. 108, adopted at election held on July 6, 1954; State Question No. 442, Legislative Referendum No. 158, adopted at election held on Aug. 27, 1968; State Question No. 481, Legislative Referendum No. 187, adopted at election held on Dec. 7, 1971; State Question No. 599, Legislative Referendum No. 261, adopted at election held on Aug. 26, 1986; State Question No. 665, Legislative Referendum No. 299, adopted at election held on Nov. 8, 1994.
OK Const. Art. 11, § 6, OK CONST Art. 11, § 6
Current with amendments received through February 15, 2023. Some rules may be more current, see credits for details.
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