Oklahoma § 70-2205 - Deposit of proceeds from bond sales
Full text of Oklahoma Oklahoma Statutes § 70-2205 — Deposit of proceeds from bond sales, with citation guidance and answers to common questions.
§ 70-2205. Deposit of proceeds from bond sales
The proceeds derived from the sale of the bonds herein
authorized shall be deposited by the Treasurer of the Board of
Oklahoma Statutes - Title 70. Schools
Education to the credit of the Board and kept in a separate fund and
used solely for the purpose for which the bonds are authorized. The
Board is authorized to make all contracts and execute all
instruments which in its discretion may be deemed necessary or
advisable to provide for the construction, furnishing, and equipment
of the building, and the Treasurer is hereby directed and authorized
to issue warrants against such funds for such amounts as he may from
time to time find to be due upon audited itemized estimates and
claims which bear the approval of the officials designated by the
Board for such purpose.
Added by Laws 1961, p. 560, § 5, emerg. eff. June 29, 1961.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 70-2205
What does Oklahoma Statutes § 70-2205 cover?
Section 70-2205 ("Deposit of proceeds from bond sales") 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 § 70-2205?
A common citation format is "Oklahoma Statutes § 70-2205" (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 § 70-2205 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.