§74-152.5. Disposition of monies - Reports - Oil and Gas Theft
268 words·~1 min read·
/ok/title-74-state-government/74-152-5·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Recovery Revolving Fund.
A. All monies received from fines and forfeitures for violations of the provisions of this act on behalf of the Bureau, when collected by the court clerk, shall be deposited by such clerk as follows:
1. Fifty percent (50%) thereof with the county treasurer to be credited to the general fund of the county and so reported; and
2. Fifty percent (50%) shall be transmitted to the Oil and Gas Theft Recovery Fund by cash voucher and so reported.
B. All transmittals of monies under this section shall be accompanied by a report showing the name of the court, the number of the case, the style of the case and the amount of fine and forfeiture in each separate instance.
C. There is hereby created in the State Treasury a revolving fund for the Bureau, to be designated the "Oil and Gas Theft Recovery Revolving Fund". The fund shall be a continuing fund, not subject to fiscal year limitations, and shall consist of all monies received by the Bureau, from fines and forfeitures received pursuant to this act. All monies accruing to the credit of said fund are hereby appropriated and may be budgeted and expended by the Bureau for the purpose of effectuating the provisions of this act.
Expenditures from said 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. Added by Laws 1985, c. 187, § 4, eff. Nov. 1, 1985. Amended by Laws 2012, c. 304, § 837.