Oklahoma § 62-545 - Application of statute - Intention of Legislature
Full text of Oklahoma Oklahoma Statutes § 62-545 — Application of statute - Intention of Legislature, with citation guidance and answers to common questions.
§ 62-545. Application of statute - Intention of Legislature
It is hereby declared to be the intent of the Legislature that
this act shall apply to any and all investments that may be made
from and after the effective date of this act out of the sinking
funds of the state or any of its municipal subdivision, and likewise
to the sale of all bonds and securities now owned or held or that
may hereafter be owned or held as investments for any of the sinking
funds in the custody of the Treasurer of the State, or any county,
city, town or board of education thereof. It is further declared to
be the intent of the Legislature that all reference in this act to
sinking funds in the custody of the county treasurer shall be deemed
to include the sinking funds of such county, of the several
townships, and of the several dependent school districts thereof;
and with reference to such county treasurer, the board of county
commissioners of such county shall be deemed his governing board,
being the board to whom he is, by law, required to account, wherever
the concurrence or authority of such governing board is required
with reference to the making of investment in sinking fund monies or
the sale of the securities so purchased.
Laws 1941, p. 289, § 5.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 62-545
What does Oklahoma Statutes § 62-545 cover?
Section 62-545 ("Application of statute - Intention of Legislature") 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 § 62-545?
A common citation format is "Oklahoma Statutes § 62-545" (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 § 62-545 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.