§ 1718. Funds and accounts groups to be maintained
Oklahoma Statutes AnnotatedTitle 19. Counties and County Officers
19 Okl.St.Ann. § 1718
§ 1718. Funds and accounts groups to be maintained
A district shall maintain, according to its own accounting needs some or all of the funds and account groups in its system of accounts that are consistent with legal and operating requirements and as prescribed by the State Auditor and Inspector. The required funds may include, but not be limited to:
3. Debt service fund, which shall include the district sinking fund, established to account for the retirement of general obligation bonds or other long-term debt and payment of interest thereon. Any monies pledged to service general obligation bonds or other long-term debt must be deposited in the debt service fund;
Credits
Laws 1986, c. 145, § 18, eff. June 1, 1986.
19 Okl. St. Ann. § 1718, OK ST T. 19 § 1718
Current with emergency effective legislation through Chapter 3 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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