§ 443. Procedure--Restrictions on use of funds--Investment of sinking fund in warrants
Oklahoma Statutes AnnotatedTitle 62. Public Finance
62 Okl.St.Ann. § 443
§ 443. Procedure--Restrictions on use of funds--Investment of sinking fund in warrants
The procedure for the making of an appropriation for the aforesaid purpose from such sinking fund and for the levy of a tax of not to exceed one (1) mill annually, shall be by resolution in which a majority of the board of county commissioners shall concur; and provided further, that the funds herein provided for shall not be used for the purpose of purchasing a site for the construction of the buildings herein provided for; and providing further, that in the event time warrants are issued for the aforesaid purposes, the county treasurer of any such county is hereby authorized to invest any available sinking fund money of such county in any such time warrants; and any such investment so made is hereby ratified and approved.
Credits
Laws 1923, c. 86, p. 151, § 2, emerg. eff. March 31, 1923; Laws 1925, c. 13, p. 16, § 2.
62 Okl. St. Ann. § 443, OK ST T. 62 § 443
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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