Oklahoma § 62-275.8 - State Treasurer - Redeemed bonds, etc. - Microfilm or

§ 62-275.8. State Treasurer - Redeemed bonds, etc. - Microfilm or

duplicates - Disposition.

All state bonds, bond interest coupons and duplicates of

receipts redeemed by the State Treasurer and delivered to the

Director of the Office of Management and Enterprise Services as

provided by Section 34.80 of this title shall be delivered by the

Director of the Office of Management and Enterprise Services to the

Archives and Records Commission to be retained in accordance with

the provisions of Sections 305 through 317 of Title 67 of the

Oklahoma Statutes. All warrants or checks redeemed by the State

Treasurer, shall be microfilmed, imaged or duplicated by the State

Treasurer. The microfilm, image or other duplication shall be in

accordance with requirements established for such records by the

Archives and Records Commission. Any redeemed warrant or check that

has been microfilmed, imaged or duplicated in a manner acceptable to

the Archives and Records Commission shall be destroyed after a

period of time consistent with banking industry standards for

checks. The Archives and Records Commission, with the assistance of

the State Treasurer, shall survey financial institutions to

determine the industry standard for retention of paper checks after

they have been duplicated in a manner consistent with federal law

Oklahoma Statutes - Title 62. Public Finance

and industry practice. Such survey shall include the industry

standard or federal law for retention of duplicated checks.

No state agency may require the State Treasurer to furnish an

original warrant, state check, or state voucher to the state agency

if the State Treasurer makes a duplicate available. If the State

Treasurer is in possession of the original warrant, the original may

be furnished in response to the following:

1. A subpoena;

2. A proper discovery request in a legal proceeding;

3. For investigative purposes of a law enforcement agency; or

4. For other good cause as determined by the State Treasurer.

Added by Laws 1949, p. 441, § 8, emerg. eff. Feb. 24, 1949. Amended

by Laws 1973, c. 46, § 16, eff. July 1, 1973; Laws 1989, c. 367, §

2, eff. Oct. 1, 1989; Laws 1990, c. 337, § 13; Laws 1997, c. 164, §

7, eff. July 1, 1997; Laws 2003, c. 224, § 19, eff. July 1, 2003;

Laws 2006, c. 233, § 5, eff. Nov. 1, 2006; Laws 2012, c. 304, § 460.

NOTE: Laws 1989, c. 171, § 2 repealed by Laws 1990, c. 337, § 26.