legislative approval. From and after the effective date of this act, the State Treasurer of the State of Oklahoma shall not trade, transfer, pledge, hypothecate, or sell any bonds held in the State Treasury of the State of Oklahoma acquired in accordance with Senate Bill No. 312, of the Twenty-seventh Legislature, Chapter 1c, Title 62, page 249, Session Laws 1959, to any private individual, association, firm, trust, corporation, or syndicate without first obtaining approval therefor from the Legislature of the State of Oklahoma in the form of a joint resolution.
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