Oklahoma Code § 62-443

Title 62. Public Finance: Procedure - Restrictions on use of funds - Investment of
Open in Lexace · Ask the AI about this section
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.

‹ Prev All Oklahoma sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.