The State Treasurer shall have the care, custody, and management of the reserve fund, and may invest it, at the best realizable rate, in certificates of deposit, savings certificates, or short-term obligations of the United States Government in which it shall be legal to invest the public funds of the State of Oklahoma or of any agency or instrumentality thereof. The income from such investments shall be paid into the State Treasury to the credit of the General Revenue Fund.

Amended by Laws 1984, HB 1581, c. 107, § 4, emerg. eff. April 9, 1984; Amended by Laws 1999, SB 659, c. 10, § 19, emerg. eff. July 1, 1999 (superseded document available).