Oklahoma Code § 69-1237

Oklahoma Code § 69-1237. Reproduced from the official Oklahoma Statutes, with a citation summary, verification link, and related provisions.

§ 69-1237.

Deposit and investment of monies.

Oklahoma Statutes - Title 69. Roads, Bridges, and Ferries

Any monies credited to, or appropriated to, the Highway Advance

Right-of-Way Acquisition and Management Fund, shall be deposited in

such fund in the State Treasury. Any monies in such fund shall be

invested by the State Treasurer upon direction of the State Highway

Director in direct obligations of the United States of America or in

certificates of deposits from banks in the State of Oklahoma

acceptable as depositories by the State Treasurer, when such

certificates of deposits are secured by acceptable collateral and

yield as much, or more, than direct obligations of the United States

of America. Any such investment shall mature in time to enable the

State of Oklahoma to issue warrants against the fund for payment of

indebtedness incurred for the purpose for which the Highway Advance

Right-of-Way Acquisition and Management Fund is created. Any

interest earned on such investments shall likewise be deposited in

said fund.

Laws 1970, c. 118, § 4.

Source: official Oklahoma text · Last verified 2026-08-27

At a glance

  • Citation: Oklahoma Statutes § 69-1237
  • Jurisdiction: Oklahoma
  • Code: Oklahoma Statutes
  • Text: transcribed from the official source (verify below)

Verify the text

Statute text is transcribed from the official Oklahoma Statutes. Confirm it against the primary source before relying on it:

Not legal advice. Verify against the official source and consult a licensed Oklahoma attorney.

Common questions

What is the source of Oklahoma Statutes § 69-1237?

The text above is transcribed from the Oklahoma Statutes, the codified statutes of Oklahoma. The official publisher link appears under "Verify the text" on this page.

What subject does Oklahoma Statutes § 69-1237 address?

It addresses the rule set out in the section text. Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.

Is Oklahoma Statutes § 69-1237 still in force?

Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Oklahoma source before relying on this text.

Can this page be used as legal advice?

No. This is a reference transcription for research. Applying Oklahoma law to your facts requires a licensed Oklahoma attorney who can review the specifics.