Oklahoma Statutes
§ 11-48-105 — Prorating of fund in event of insufficiency.
Oklahoma § 11-48-105
JurisdictionOklahoma
Title 11Cities And Towns
This text of Oklahoma § 11-48-105 (Prorating of fund in event of insufficiency.) 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, § 11-48-105 (2026).
Text
If the funds in any retirement system are insufficient to make full payment of the amount of retirement benefits or allowances to any eligible persons under the rules and regulations of the municipality, then the fund shall be prorated among those entitled thereto as the board of trustees administering the fund shall determine to be just and equitable.
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Legislative History
Laws 1977, c. 256, § 48-105, eff. July 1, 1978.
Nearby Sections
15
§ 11-1-101
Short title.§ 11-1-102
Definitions.§ 11-1-103
Saving vested rights.§ 11-10-102
Governing body.§ 11-10-103
Qualifications of councilmembers.§ 11-10-104
Election of mayor and vice-mayor.§ 11-10-105
Duties of mayor and vice-mayor.§ 11-10-108
Council - Meetings.§ 11-10-109
Council - Quorum - Rules and voting.§ 11-10-111
Compensation of elective officers.Cite This Page — Counsel Stack
Bluebook (online)
Oklahoma § 11-48-105, Counsel Stack Legal Research, https://law.counselstack.com/statute/ok/11/11-48-105.