1. A. The Executive Director of the Board shall be responsible for accounting for all monies derived under the provisions of Section 475.1 et seq. of this title. This fund shall be known as the "Professional Engineers and Land Surveyors Fund", and shall be deposited with the State Treasurer, and shall be paid out only upon requisitions submitted by the Secretary or Executive Director. All monies in this fund are hereby specifically appropriated for the use of the Board, and the Board shall pay into the General Revenue Fund of the state an amount equal to ten percent (10%) of all funds received at the end of each fiscal year.
2. B. The Board shall obtain an office, secure such facilities, and employ, direct, discharge and define the duties and salaries of an Executive Director, Principal Assistant, Director of Enforcement, Board Investigator and such clerical or other assistants as are necessary for the proper performance of its work. The Board shall make expenditures from the fund created in subsection A of this section for any purpose which, in the opinion of the Board, is reasonably necessary for the proper performance of its duties under Section 475.1 et seq. of this title, including examination administration fees, the expenses of the Board's delegates to meetings of and membership fees to the National Council of Examiners for Engineering and Surveying, meaning the national nonprofit organization composed of engineering and land surveying licensing boards commonly called NEECS, and any of its subdivisions, as provided in the State Travel Reimbursement Act, Section 500.1 et seq. of Title 74 of the Oklahoma Statutes. Under no circumstances shall the total amount of warrants issued in payment of the expenses and compensation provided for in Section 475.1 et seq. of this title exceed the amount of monies in the fund.
3. C. The fund shall be audited annually by the State Auditor and Inspector.

Laws 1968, SB 524, c. 245, § 9, emerg. eff. April 26, 1968; Amended by Laws 1980, SB 634, c. 159, § 11, emerg. eff. April 2, 1980; Amended by Laws 1982, SB 616, c. 297, § 9; Amended by Laws 1992, SB 799, c. 165, § 7, emerg. eff. July 1, 1992; Amended by Laws 2005, HB 1607, c. 115, § 8, eff. November 1, 2005 (superseded document available); Amended by Laws 2008, SB 1529, c. 312, § 2, eff. November 1, 2008 (superseded document available).