§ 70-4810. Center for Rural Development Revolving Fund.

There is hereby created in the State Treasury a revolving fund for the Oklahoma Center for Rural Development to be designated the “Center for Rural Development Revolving Fund”.  The fund shall be a continuing fund, not subject to fiscal year limitations, and shall consist of all monies received by the Oklahoma Center for Rural Development from state appropriations or governmental, tribal, or private sources.  Notwithstanding other provisions of law, any interest income or investment return on monies credited to the Center for Rural Development Revolving Fund shall accrue to the fund for use by the Oklahoma Center for Rural Development.  All monies accruing to the credit of said fund are hereby appropriated and may be budgeted and expended by the Oklahoma Center for Rural Development for the purpose of fulfilling the mission of the Center.  Expenditures from said fund shall be made upon warrants issued by the State Treasurer against claims filed as prescribed by law.

Added by Laws 2002, c. 167, § 10, eff. July 1, 2002.