Oklahoma § 53-47.4 - Research library - Sales - Revolving fund

§ 53-47.4. Research library - Sales - Revolving fund

A. The Oklahoma Historical Society, on behalf of the Will

Rogers Memorial, may:

1. Construct and operate a comprehensive research library to

house all Will Rogers memorabilia, including, but not limited to,

writings, books, periodicals, sound reproductions, film

reproductions and related materials, published or unpublished, for

the purposes of creating, preserving and maintaining a research

center for all of the Will Rogers material contemplated hereunder or

any material received in the future as well as kindred collections

on the site now provided by the Will Rogers family at or near the

town of Claremore;

2. In the administration of the Will Rogers Memorial, maintain

or lease to a third party, an outlet for the sale to the public of

such items as shall, in the judgment of the Oklahoma Historical

Society or the lessee, be appropriate for sale, including, but not

limited to, literature, in book or pamphlet form, brochures,

periodicals, books, artifacts, reproductions of Will Rogers

memorabilia and statuary; and

Oklahoma Statutes - Title 53. Oklahoma Historical Societies and Associations

3. Maintain donation receptacles for the purpose of the

collection of voluntary donations to the Will Rogers Memorial.

Funds donated to the Will Rogers Memorial shall be deposited in the

Will Rogers Memorial Revolving Fund.

B. The proceeds of the sale of any material referred to in this

section or payments received pursuant to a lease as authorized by

this section shall be deposited in the Will Rogers Memorial

Revolving Fund, for the purposes of defraying the expenses of the

operation of the outlet for sale and for such purposes as shall in

the opinion of the Oklahoma Historical Society be necessary and

appropriate, including, but not limited to, scholarships, awards and

prizes for educational purposes, so long as the same pertains to and

is in conformity with the uses and purposes of the Memorial.

Added by Laws 1975, c. 182, § 4, emerg. eff. May 22, 1975. Amended

by Laws 1999, c. 262, § 5; Laws 2001, c. 198, § 5, emerg. eff. May

7, 2001; Laws 2016, c. 1, § 5, emerg. eff. March 7, 2016.

NOTE: Laws 2001, c. 198, § 15, emerg. eff. May 7, 2001 repealed the

effective date (Aug. 1, 2001) of Laws 1999, c. 262, § 5.

§53-47.4A. Will Rogers Memorial Revolving Fund

A. There is hereby created in the State Treasury a revolving

fund for the Oklahoma Historical Society, on behalf of the Will

Rogers Memorial, to be designated the "Will Rogers Memorial

Revolving Fund". The fund shall consist of all:

1. Appropriations, gifts, donations, grants, admission fees,

and any other monies received by the Oklahoma Historical Society

pursuant to this act; and

2. Proceeds from outlet sales, unless the outlets are leased as

provided in Section 47.4 of this title in which case any payments

received pursuant to any such lease shall be deposited in the

revolving fund.

B. The revolving fund shall be a continuing fund not subject to

fiscal year limitations and shall be under the administrative

direction of the Oklahoma Historical Society, on behalf of the Will

Rogers Memorial. The expenditure from the fund shall be used for

expenses relating to administration, duties, operations,

maintenance, special projects, and acquisitions for the Memorial and

shall be made pursuant to law.

C. Warrants for expenditures from this fund shall be drawn by

the State Treasurer based on claims signed by an authorized employee

of the Oklahoma Historical Society and approved for payment by the

Director of the Office of Management and Enterprise Services.

Added by Laws 1999, c. 262, § 6. Amended by Laws 2001, c. 198, § 6,

emerg. eff. May 7, 2001; Laws 2012, c. 304, § 226; Laws 2016, c. 1,

§ 6, emerg. eff. March 7, 2016.

NOTE: An effective date of Aug. 1, 2001, for Laws 1999, c. 262, § 6

was repealed by Laws 2001, c. 198, § 15, emerg. eff. May 7, 2001.

Oklahoma Statutes - Title 53. Oklahoma Historical Societies and Associations