Oklahoma § 6-211.1 - Revolving fund - Creation

§ 6-211.1. Revolving fund - Creation

There is hereby created in the State Treasury a revolving fund

for the Oklahoma State Banking Department. The revolving fund shall

consist of all fees and assessments paid to or collected by the

Department, including all monies received by the Commissioner under

Sections 104, 204, 303, 415, 501.1 and 501.2 of this title and

Section 381.16 of Title 18 of the Oklahoma Statutes and those

payments required to be deposited in the revolving fund pursuant to

Sections 211, 1103, 1206, 2001.2, 2008, 2107 and 2113 of this title,

Section 381.15 of Title 18 of the Oklahoma Statutes, and Section

7106 of Title 36 of the Oklahoma Statutes. The revolving fund shall

be a continuing fund, not subject to fiscal year limitations.

Expenditures from the fund shall be made pursuant to the laws of

this state and the statutes relating to the Department, and without

legislative appropriation. Warrants for expenditures from the fund

shall be drawn by the State Treasurer, based on claims signed by an

authorized employee or employees of the Department and approved for

payment by the Director of the Office of Management and Enterprise

Services.

Added by Laws 1997, c. 111, § 13, eff. July 1, 1997. Amended by

Laws 2000, c. 77, § 5, emerg. eff. April 14, 2000; Laws 2000, c.

205, § 9, emerg. eff. May 17, 2000; Laws 2003, c. 356, § 5, emerg.

eff. June 3, 2003; Laws 2005, c. 48, § 7, eff. Nov. 1, 2005; Laws

2012, c. 304, § 30.