Oklahoma § 62-204 - Disposition of monies received from United States under

§ 62-204. Disposition of monies received from United States under

Flood Control Act.

The State Treasurer of Oklahoma is hereby authorized and

required to distribute monies now in his hands, or hereafter

received by him under the provisions of Section 7 of the Flood

Control Act of Congress, approved August 18, 1941, as amended by 33

U.S.C.A. Section 701c-3, in the following manner:

Such monies shall be distributed by the State Treasurer at the

end of each fiscal year to the county treasurers of counties wherein

is located a federal flood control project, and shall be by the said

county treasurer of each such county distributed as follows: onefourth (1/4) to the county sinking fund, except that if there be no

county bonded indebtedness said one-fourth (1/4) shall be

apportioned to the general fund of the county to be used for any

lawful general fund purpose as and in the manner provided by law;

one-fourth (1/4) to the various school districts of such county on

an enumeration basis, said amount to be placed in the general fund

of said district to be used for any lawful general fund purpose as

and in the manner provided by law; and one-half (1/2) to the general

fund of such county, to be used for any lawful general fund purpose,

as and in the manner provided by law.

Laws 1945, p. 476, § 1; Laws 1951, p. 352, § 1; Laws 1957, p. 467, §

1; Laws 1971, c. 247, § 1, emerg. eff. June 16, 1971; Laws 1972, c.

30, § 1, emerg. eff. Feb. 25, 1972.