Oklahoma Statutes (Last Updated: September 18, 2014)

§ 70-9-113. Rental value of equipment.

Latest version.

The State Board of Education shall fix the annual rental value of each particular unit of such pupil-transportation equipment at an amount not less than that required to amortize the original total cost of that unit by five (5) years' rental thereof.

Added by Laws 1971, c. 281, § 9-113, eff. July 2, 1971.

                    
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