Oklahoma § 62-57.70 - Investment of sinking fund monies
Full text of Oklahoma Oklahoma Statutes § 62-57.70 — Investment of sinking fund monies, with citation guidance and answers to common questions.
§ 62-57.70. Investment of sinking fund monies
The State Treasurer shall invest all sinking fund monies in
direct obligations of the United States of America or in
certificates of deposits from banks in the State of Oklahoma
acceptable as depositories by the State Treasurer when such
certificates of deposits are secured by acceptable collateral and
yield as much or more than direct obligations of the United States
of America, to mature in time to meet the principal and interest
payments on the State of Oklahoma Institutional Building Bonds of
1965, which earnings shall be deposited in the sinking fund.
Laws 1965, c. 515, § 10.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 62-57.70
What does Oklahoma Statutes § 62-57.70 cover?
Section 62-57.70 ("Investment of sinking fund monies") 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 § 62-57.70?
A common citation format is "Oklahoma Statutes § 62-57.70" (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 § 62-57.70 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.