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Oklahoma Statutes - Title 40. Labor Page 189 2. To purchase or lease any auxiliary or peripheral equipment necessary for the operation of the new computer system; 3. To purchase or lease any and all software needed for the operation of the new computer system; 4. To pay for all computer programming and analysis necessary to make the new computer system operational; 5. To pay for all designing, engineering, planning, networking, and training to make the new computer system operational; 6. To pay for all shipping and installation charges for the computer system and its auxiliary and peripheral equipment; and 7. To make refunds of contributions erroneously collected and deposited in the OESC Computer Fund. B. If any money remains in this fund after the new computer system has been brought on line and made fully operational, that excess money shall be transferred to the Unemployment Compensation Fund. C. If the Commission receives a grant from the United States Department of Labor to be used to make the Commission's computer system compliant with the year 2000, or if the Commission receives a grant from the United States Department of Labor to upgrade or modify its Interactive Voice Response System (IVRS), then the Commission will, upon receipt of the federal grant money, deduct an equal amount of money from the OESC Computer Fund and transfer it to the Unemployment Compensation Fund. Added by Laws 1997, c. 391, § 5, eff. July 1, 1997.

§40-6-103. Custodian and treasurer of fund. CUSTODIAN AND TREASURER OF FUND. A. The State Treasurer shall be the custodian and treasurer of the OESC Computer Fund. B. The State Treasurer shall deposit the monies belonging to the OESC Computer Fund, that are in his or her custody, subject to the provisions of Section 7 of this act. C. The State Treasurer, as custodian of the OESC Computer Fund, shall hold, invest, transfer, sell, deposit, and release those monies, properties, or securities in a manner approved by the Oklahoma Employment Security Commission. Provided, however, that those monies shall be invested in the classes of securities legal for investment of public monies of this state. Provided further, the investment shall at all times be so made that all assets of the OESC Computer Fund shall always be readily convertible into cash when needed for any expenditure authorized in Section 5 of this act. Added by Laws 1997, c. 391, § 6, eff. July 1, 1997.

§40-6-104. Computer fund assessments. COMPUTER FUND ASSESSMENTS.