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§ 1346. Flexible Benefit Revolving Fund--State and Education Employees Group Insurance Board

Oklahoma Statutes AnnotatedTitle 74. State Government

Oklahoma Statutes Annotated
Title 74. State Government (Refs & Annos)
Chapter 37B. State Employees Flexible Benefits Act
74 Okl.St.Ann. § 1346
§ 1346. Flexible Benefit Revolving Fund--State and Education Employees Group Insurance Board
There is hereby created in the State Treasury a revolving fund for the State and Education Employees Group Insurance Board to be designated the “Flexible Benefit Revolving Fund”. The fund shall be a continuing fund, not subject to fiscal year limitations, and shall consist of employee payroll deductions and contributions for flexible spending accounts. All monies accruing to the credit of said fund are hereby appropriated and may be budgeted and expended by the State and Education Employees Group Insurance Board for expenses of the state employees flexible benefits plan and for expenses authorized by law. The State and Education Employees Group Insurance Board is authorized to pay employee claim costs associated with the state employees flexible benefits plan from monies accrued for said purpose. Expenditures from said funds shall be pursuant to the laws of the state and statutes relating to the state employees flexible benefits plan.

Credits

Laws 1989, c. 370, § 10, operative July 1, 1989; Laws 1990, c. 244, § 14, eff. July 1, 1991; Laws 1991, c. 26, § 29, operative July 1, 1991.
74 Okl. St. Ann. § 1346, OK ST T. 74 § 1346
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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