Upon the approval of the State Treasurer, any of the monies in the Oklahoma Sorghum Resources Fund may be invested by the Oklahoma Sorghum Commission in securities of the state or federal government, certificates of deposit or certificates of any bank, trust company, or savings and loan association insured by a federal agency. The principal and interest when due shall be paid into the Oklahoma Sorghum Resources Fund.

Historical Data

Added by Laws 1997, c. 151, § 11, eff. April 25, 1997; Amended by Laws 2001, HB 1378, c. 146, § 144, emerg. eff. April 30, 2001 ( superseded document available ); Renumbered from 2 O.S. § 1850.11 by Laws 2001, HB 1378, c. 146, § 266, emerg. eff. April 30, 2001.