Court Opinion

ID: 3795991
Source: CourtListenerOpinion
Date Created: 2016-07-06 07:40:34.111349+00
Date Added: 2024-06-11T09:15:18.566931
License: Public Domain

OPINION — AG — ** WATER RESOURCES FUND — INVESTMENT CERTIFICATES ** 82 O.S. 1085.41 [82-1085.41], PERMITTING THE WATER RESOURCES BOARD TO USE MONIES IN THE "STATEWIDE WATER DEVELOPMENT REVOLVING FUND" AS COLLATERAL AND SECURITY FOR INVESTMENT CERTIFICATES ISSUED BY THE BOARD, IS CONSTITUTIONAL. (PUBLIC FUNDS, PLEDGE TO STATE CREDIT, COLLATERAL, STATE, WATER RESOURCES FUND) CITE: 82 O.S. 1085.31 [82-1085.31], 82 O.S. 1086.1 [82-1086.1] 82 O.S. 1039 [82-1039], 82 O.S. 1085.1 [82-1085.1], 82 O.S. 1085.32 [82-1085.32], 82 O.S. 1085.33 [82-1085.33], 82 O.S. 1085.36 [82-1085.36], 82 O.S. 1085.37 [82-1085.37] 82 O.S. 1085.40 [82-1085.40], 82 O.S. 1085.41 [82-1085.41] ARTICLE VIII, SECTION 2, ARTICLE X, SECTION 14, ARTICLE X, SECTION 15, ARTICLE X, SECTION 23 (WATER STORAGE AND CONTROL FACILITIES ACT) (GEORGE R. BARR JR) ** OVERRULED BY: REHERMAN V. OKLAHOMA WATER RESOURCES BOARD,679 P.2d 1296 (1984) **