§29-3-305. Investment of fees.
101 words·~1 min read·
/ok/title-29-game-and-fish/29-3-305·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In order to equalize the expenditure of fees derived from the sale of lifetime licenses, the Department may invest such fees in any investment permitted by a written investment policy adopted by the Wildlife Conservation Commission; provided, all investments shall be made in accordance with the Oklahoma Uniform Prudent Investor Act. The interest derived therefrom may be expended by the Commission in the same manner as the Wildlife Conservation Fund, under Section 3-302 of this title. Added by Laws 1974, c. 17, § 3-305, emerg. eff. April 8, 1974. Amended by Laws 1998, c. 216, § 1, eff. July 1, 1998.