§60-672. Investment of reserve fund.
117 words·~1 min read·
/ok/title-60-property/60-672A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The State Treasurer shall have the care, custody, and management of the reserve fund, and may invest it, at the best realizable rate, in accordance with the investment policies of the State Treasurer and the provisions of state law governing the investment of public funds of the State of Oklahoma. The income from such investments shall be paid into the State Treasury to the credit of the General Revenue Fund. Added by Laws 1967, c. 107, § 22, emerg. eff. April 24, 1967. Amended by Laws 1984, c. 107, § 4, emerg. eff. April 9, 1984; Laws 1999, c. 10, § 19, eff. July 1, 1999; Laws 2008, c. 108, § 5, emerg. eff. May 2, 2008.