Oklahoma § 69-1237
Full text of Oklahoma Oklahoma Statutes § 69-1237, with citation guidance and answers to common questions.
§ 69-1237.
Deposit and investment of monies.
Oklahoma Statutes - Title 69. Roads, Bridges, and Ferries
Any monies credited to, or appropriated to, the Highway Advance
Right-of-Way Acquisition and Management Fund, shall be deposited in
such fund in the State Treasury. Any monies in such fund shall be
invested by the State Treasurer upon direction of the State Highway
Director 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. Any such investment shall mature in time to enable the
State of Oklahoma to issue warrants against the fund for payment of
indebtedness incurred for the purpose for which the Highway Advance
Right-of-Way Acquisition and Management Fund is created. Any
interest earned on such investments shall likewise be deposited in
said fund.
Laws 1970, c. 118, § 4.
Frequently Asked Questions About Oklahoma § 69-1237
What does Oklahoma Statutes § 69-1237 cover?
Section 69-1237 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 § 69-1237?
A common citation format is "Oklahoma Statutes § 69-1237" (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 § 69-1237 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.