Oklahoma § 62-89.5 - State Treasurer's Revolving Fund - Employees; duties and

§ 62-89.5. State Treasurer's Revolving Fund - Employees; duties and

compensation.

A. There is hereby created in the State Treasury a revolving

fund for the Office of the State Treasurer to be designated the

"State Treasurer's Revolving Fund". The fund shall be a continuing

fund not subject to fiscal year limitations, and shall consist of

all monies received by the Office of the State Treasurer from fees

and receipts collected pursuant to the Oklahoma Open Records Act,

Section 24A.1 et seq. of Title 51 of the Oklahoma Statutes; monies

received, including, but not limited to, reasonable and customary

service-related charges, any monies received from the sale of

surplus property, and any grants-in-aid received from the federal

government for the operations of the Office of the State Treasurer

unless otherwise provided by federal law or regulation. All monies

accruing to the credit of said fund are hereby appropriated and may

be budgeted and expended by the Office of the State Treasurer for

the operating expenses of the said office. Expenditures from said

fund shall be made upon warrants issued by the State Treasurer

against claims filed as prescribed by law with the Director of the

Office of Management and Enterprise Services for approval and

payment. Monies in the fund may be invested by the State Treasurer

in the manner prescribed in Section 89.1a et seq. of this title.

Interest income derived from the investment of monies in the fund

shall be credited to and placed in the fund.

Oklahoma Statutes - Title 62. Public Finance

B. The State Treasurer shall appoint and fix the duties and

compensation of employees, not otherwise prescribed by law,

necessary to perform the duties imposed upon the Office of the State

Treasurer by law.

Added by Laws 1976, c. 233, § 3, emerg. eff. June 15, 1976; Laws

1979, c. 47, § 51, emerg. eff. April 9, 1979; Laws 1983, c. 215, §

1, operative July 1, 1983; Laws 1987, c. 194, § 12, operative July

1, 1987; Laws 1993, c. 260, § 28, operative July 1, 1993; Laws 2008,

c. 108, § 7, emerg. eff. May 2, 2008; Laws 2012, c. 304, § 440; Laws

2024, c. 140, § 1, eff. July 1, 2024.