Oklahoma § 19-1712 - Cash surpluses
Full text of Oklahoma Oklahoma Statutes § 19-1712 — Cash surpluses, with citation guidance and answers to common questions.
§ 19-1712. Cash surpluses
If and when an actual cash surplus accrues in any fund for any
prior fiscal year, such surplus shall forthwith be transferred to
the same fund for the fiscal year next succeeding the year for which
the taxes were originally levied, and shall be used to pay any
warrants and interest thereon which may be outstanding and unpaid
for such year. After all warrants and interest on such warrants for
such year have been paid or reserved for, the surplus, if any, shall
forthwith be transferred to the next succeeding year for the same
purpose. This procedure shall be followed for each succeeding
fiscal year until all warrants issued prior to the current fiscal
Oklahoma Statutes - Title 19. Counties and County Officers
year are paid or reserved for, and then any cash surplus remaining
shall accrue and be transferred to the current fiscal year, to be
used to pay any legal warrant and interest charges of such year.
The term "actual cash surplus", as used herein, is hereby defined to
mean an excess of actual cash actually on hand over and above all
legal obligations. Taxes in process of collection shall not be
considered in determining the actual cash surplus for any fund for
any fiscal year or years.
Added by Laws 1986, c. 145, § 12, eff. June 1, 1986.
Frequently Asked Questions About Oklahoma § 19-1712
What does Oklahoma Statutes § 19-1712 cover?
Section 19-1712 ("Cash surpluses") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Oklahoma § 19-1712?
A common citation format is "Oklahoma Statutes § 19-1712" (Oklahoma). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Oklahoma law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.
How does Oklahoma § 19-1712 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Oklahoma.