Oklahoma Statutes

§ 40-3-705 — Election to become liable for reimbursement payments.

Oklahoma § 40-3-705

This text of Oklahoma § 40-3-705 (Election to become liable for reimbursement payments.) 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. 40, § 40-3-705 (2026).

Text

ELECTION TO BECOME LIABLE FOR REIMBURSEMENT PAYMENTS.

(1)Any governmental organization, as described in Section 1-208(7) and (8) including their instrumentalities, which is or becomes subject to this act after December 31, 1977, may elect to become liable for reimbursement payments in lieu of contributions in the same manner and subject to the same provisions that apply to reimbursing nonprofit organizations as provided in Part 8 of Article 3, including formation of group accounts, and the proportionate allocation of benefit costs, applicable to reimbursing nonprofit organizations as provided in Part 8 of Article 3, except that one hundred percent (100%) of the extended benefits attributable to governmental entities will be reimbursed after January 1, 1979. In lieu of making reimbursement

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Legislative History

Added by Laws 1980, c. 323, § 3-705, eff. July 1, 1980.

Nearby Sections

15
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Bluebook (online)
Oklahoma § 40-3-705, Counsel Stack Legal Research, https://law.counselstack.com/statute/ok/40/40-3-705.