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 Oklahoma Statutes (Last Updated: September 18, 2014)
 Title 62. PUBLIC FINANCE

  § 62-275.8. State Treasurer - Redeemed bonds, etc. - Microfilm or duplicates - Disposition.  

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  • All state bonds, bond interest coupons and duplicates of receipts redeemed by the State Treasurer and delivered to the Director of the Office of Management and Enterprise Services as provided by Section 34.80 of this title shall be delivered by the Director of the Office of Management and Enterprise Services to the Archives and Records Commission to be retained in accordance with the provisions of Sections 305 through 317 of Title 67 of the Oklahoma Statutes.  All warrants or checks redeemed by the State Treasurer, shall be microfilmed, imaged or duplicated by the State Treasurer.  The microfilm, image or other duplication shall be in accordance with requirements established for such records by the Archives and Records Commission.  Any redeemed warrant or check that has been microfilmed, imaged or duplicated in a manner acceptable to the Archives and Records Commission shall be destroyed after a period of time consistent with banking industry standards for checks.  The Archives and Records Commission, with the assistance of the State Treasurer, shall survey financial institutions to determine the industry standard for retention of paper checks after they have been duplicated in a manner consistent with federal law and industry practice.  Such survey shall include the industry standard or federal law for retention of duplicated checks.

    No state agency may require the State Treasurer to furnish an original warrant, state check, or state voucher to the state agency if the State Treasurer makes a duplicate available.  If the State Treasurer is in possession of the original warrant, the original may be furnished in response to the following:

    1.  A subpoena;

    2.  A proper discovery request in a legal proceeding;

    3.  For investigative purposes of a law enforcement agency; or

    4.  For other good cause as determined by the State Treasurer.

Added by Laws 1949, p. 441, § 8, emerg. eff. Feb. 24, 1949.  Amended by Laws 1973, c. 46, § 16, eff. July 1, 1973; Laws 1989, c. 367, § 2, eff. Oct. 1, 1989; Laws 1990, c. 337, § 13; Laws 1997, c. 164, § 7, eff. July 1, 1997; Laws 2003, c. 224, § 19, eff. July 1, 2003; Laws 2006, c. 233, § 5, eff. Nov. 1, 2006; Laws 2012, c. 304, § 460.

Note

NOTE:  Laws 1989, c. 171, § 2 repealed by Laws 1990, c. 337, § 26.