§ 2-4015 — Oklahoma State University Veterinary Medicine Authority

Disbursing Fund. A. There is hereby created in the State Treasury a revolving fund for the Oklahoma State University Veterinary Medicine Authority, to be designated the "Oklahoma State University Veterinary Medicine Authority Disbursing Fund". The fund shall be a continuing fund, not subject to fiscal year limitations, and shall consist of appropriated revenues and federal entitlements. All monies accruing to the credit of said fund are hereby appropriated and may be budgeted and expended by the Oklahoma State University Veterinary Medicine Authority as provided in subsection B of this section. B. Following the execution of a lease of real properties under the jurisdiction of the Oklahoma State University Veterinary Medicine Authority to the Oklahoma State University Veterinary Medical Trust pursuant to Section 22 of this act, monies from the fund may be expended by the Authority for the fiscal year ending in the year the lease is executed, for the operations of the Authority after the execution of the lease to the Oklahoma State University Veterinary Medical Trust for payment of any costs to the Authority associated with the transfer of operations of facilities under the jurisdiction of the Authority, and legal obligations of the Authority.

Legislative History

Added by Laws 2023, c. 297, § 15, eff. July 1, 2023.