Oklahoma § 3-518 - Oklahoma Space Industry Development Authority Revolving

§ 3-518. Oklahoma Space Industry Development Authority Revolving

Fund.

There is hereby created in the State Treasury a revolving fund

for the Oklahoma Space Industry Development Authority to be

designated the “Oklahoma Space Industry Development Authority

Revolving Fund”. The fund shall be a continuing fund, not subject

to fiscal year limitations, and shall consist of all monies received

by the Authority from private and public donations, contributions,

gifts, and any monies appropriated or directed by law to be

deposited thereto. All monies accruing to the credit of the fund

are hereby appropriated and may be budgeted and expended by the

Authority for the purpose of carrying out the provisions of the

Oklahoma Space Industry Development Act, and any legitimate expenses

of the Authority in the execution of such provisions. Expenditures

from the fund shall be made upon warrants issued by the State

Treasurer against claims filed as prescribed by law with the

Director of the Office of Management and Enterprise Services for

approval and payment.

Added by Laws 2000, c. 400, § 7, eff. July 1, 2000. Amended by Laws

2012, c. 304, § 1044; Laws 2025, c. 274, § 6, eff. July 1, 2025.

Renumbered from § 5208.1 of Title 74 by Laws 2025, c. 274, § 25,

eff. July 1, 2025.