Oklahoma § 74-5085.11 - Oklahoma Capital Formation Revolving Fund
Full text of Oklahoma Oklahoma Statutes § 74-5085.11 — Oklahoma Capital Formation Revolving Fund, with citation guidance and answers to common questions.
§ 74-5085.11. Oklahoma Capital Formation Revolving Fund
A. There is hereby created in the State Treasury a revolving
fund for the Oklahoma Center for the Advancement of Science and
Technology to be designated the “Oklahoma Capital Formation
Revolving Fund”. The fund shall be a continuing fund, not subject
to fiscal year limitations, and shall consist of appropriated funds.
All monies accruing to the credit of the fund are hereby
appropriated and, as authorized by the Oklahoma Science and
Technology Research and Development Board, shall be expended by the
Oklahoma Center for the Advancement of Science and Technology to
perform the duties imposed upon the Board by law. Expenditures of
appropriated funds from the 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.
B. On July 1, 1991, any unencumbered funds remaining in the
Oklahoma Capital Investment Board Revolving Fund shall be
Oklahoma Statutes - Title 74. State Government
transferred to the credit of the Oklahoma Capital Formation
Revolving Fund. Any unexpended funds remaining in the Oklahoma
Capital Investment Board Revolving Fund after November 15, 1991,
shall be transferred to the credit of the Oklahoma Capital Formation
Revolving Fund.
Added by Laws 1991, c. 188, § 11, eff. July 1, 1991. Amended by
Laws 2012, c. 304, § 1043; Laws 2025, c. 155, § 5, eff. Nov. 1,
2025.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 74-5085.11
What does Oklahoma Statutes § 74-5085.11 cover?
Section 74-5085.11 ("Oklahoma Capital Formation Revolving Fund") 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 § 74-5085.11?
A common citation format is "Oklahoma Statutes § 74-5085.11" (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 § 74-5085.11 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.