Oklahoma § 52-288.7 - Energy Resources Revolving Fund
Full text of Oklahoma Oklahoma Statutes § 52-288.7 — Energy Resources Revolving Fund, with citation guidance and answers to common questions.
§ 52-288.7. Energy Resources Revolving Fund
A. There is hereby created in the State Treasury a revolving
fund for the Oklahoma Energy Resources Board to be designated the
"Energy Resources Revolving Fund". The fund shall be a continuing
fund, not subject to fiscal year limitations and shall consist of
all monies received by the Oklahoma Energy Resources Board from
assessments received and collected pursuant to Section 288.8A of
this title, donations, grants, contributions and gifts from any
public or private source. The Board may expend funds as provided
for by law. Expenditures from said 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.
B. Of the monies collected and not refunded pursuant to
Sections 288.8A and 288.9A of this title, a minimum of fifty percent
(50%) of said monies collected, including a prorated share of
administrative costs incurred from the effective date of this act,
and not subsequently refunded, shall be expended on environmental
cleanup and remediation projects related to oil and gas pollution
authorized by the Board from a priority list of projects submitted
by the Corporation Commission or, only in the absence of Corporation
Commission jurisdiction, projects submitted by other appropriate
state agencies.
C. None of the monies collected and not refunded pursuant to
Sections 288.8A and 288.9A of this title shall be used for travel
expenses of any member of the Oklahoma Legislature.
Added by Laws 1992, c. 257, § 7, eff. Sept. 1, 1992. Amended by
Laws 1993, c. 184, § 7, eff. Oct. 1, 1993; Laws 1996, c. 352, § 4;
Laws 2012, c. 304, § 215.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 52-288.7
What does Oklahoma Statutes § 52-288.7 cover?
Section 52-288.7 ("Energy Resources Revolving Fund") 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 § 52-288.7?
A common citation format is "Oklahoma Statutes § 52-288.7" (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 § 52-288.7 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.