Oklahoma § 53-1.10 - Historical Society Revolving Fund

§ 53-1.10. Historical Society Revolving Fund

There is hereby created in the State Treasury of the State of

Oklahoma a revolving fund to be designated as the Historical Society

Revolving Fund, which shall consist of all money appropriated to

said fund and all money received by the Oklahoma Historical Society

from membership, sales of publications, sales of merchandise to

visitors, income from duplicating and microfilm services,

contributions, entry fees, gifts and endowments, excluding those

gifts and endowments conditionally tendered, and other income

derived from the operations of the Oklahoma Historical Society and

from historic sites. The Oklahoma Historical Society is hereby

authorized and directed to prepare for public distribution such

historical data as may in its judgment meet the public demand; said

Society shall determine the fee to be charged for each of the

publications and such fee should be sufficient to cover the cost of

preparing, publishing and marketing to the general public in the

museums and historic sites operated by the Society.

Said revolving fund shall be a continuing fund not subject to

fiscal year limitations and shall be under the control and

management of the Oklahoma Historical Society and the disbursements

therefrom shall be approved by the Society. Monies deposited in

said revolving fund may be expended for the purpose of maintaining

and operating the Oklahoma Historical Society functions and for

operation of historic sites. Monies deposited in said revolving

fund from entry fees collected at each participating museum or site

pursuant to the entry fee pilot project shall be expended only on

the museum and historic site from which the fee is collected and for

the purposes outlined in Section 1.21 of this title. Purchases of

merchandise for sale to visitors shall be exempt from The Oklahoma

Central Purchasing Act but all other expenditures shall be made

pursuant to the laws of the state and the statutes relating to the

Oklahoma Historical Society. Warrants for expenditures from this

fund shall be drawn by the State Treasurer based on claims signed by

Oklahoma Statutes - Title 53. Oklahoma Historical Societies and Associations

the approving officer of the Society and approved for payment by the

Director of the Office of Management and Enterprise Services.

Added by Laws 1949, p. 373, § 1, emerg. eff. May 20, 1949. Amended

by Laws 1973, c. 46, § 8, operative July 1, 1973; Laws 1979, c. 287,

§ 18, emerg. eff. June 7, 1979; Laws 1985, c. 281, § 3, emerg. eff.

July 22, 1985. Renumbered from § 19 of this title by Laws 1988, c.

217, § 15, emerg. eff. June 21, 1988. Amended by Laws 1995, c. 71,

§ 2, emerg. eff. April 12, 1995; Laws 2012, c. 304, § 221.

§53-1.10a. Oklahoma Historical Society Capital Improvement and

Operations Revolving Fund.

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

fund for the Oklahoma Historical Society, to be designated the

"Oklahoma Historical Society Capital Improvement and Operations

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 Historical Society and apportioned to such fund

pursuant to the provisions of Sections 1353 and 1403 of Title 68 of

the Oklahoma Statutes and such other monies accredited to the fund

pursuant to law.

B. All monies accruing to the credit of the fund are hereby

appropriated and may be budgeted and expended by the Oklahoma

Historical Society for the purpose of maintaining and operating the

Oklahoma Historical Society functions, capital improvements and for

operation of historic sites.

C. No monies from this revolving fund shall be transferred for

any purpose to any other state agency. 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 2010, c. 466, § 4, eff. July 1, 2010. Amended by Laws

2012, c. 304, § 222.