Oklahoma Statutes

§ 11-35-102.1 — Disposition of proceeds from investment of meter

Oklahoma § 11-35-102.1
JurisdictionOklahoma
Title 11Cities And Towns

This text of Oklahoma § 11-35-102.1 (Disposition of proceeds from investment of meter) is published on Counsel Stack Legal Research, covering Oklahoma primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Okla. Stat. tit. 11, § 11-35-102.1 (2026).

Text

deposit funds. The proceeds from any investments of meter deposit funds and any other earnings therefrom shall be considered to be profit derived from the investment and shall be placed in the fund from which the operation and maintenance expenses of the utility, for which the meter deposits invested were collected, are paid. The investment of such funds by the municipality shall in no manner impair its obligation to any person, firm or corporation, to refund in full any or all deposits theretofore or thereafter made.

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Legislative History

Added by Laws 1995, c. 166, § 5, emerg. eff. May 4, 1995.

Nearby Sections

15
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Bluebook (online)
Oklahoma § 11-35-102.1, Counsel Stack Legal Research, https://law.counselstack.com/statute/ok/11/11-35-102.1.