Oklahoma Attorney General Reports June 14, 1962 (Opinion)

OPINION — AG — QUESTION: "IN MAKING THE DISTRIBUTION OF THE MOTOR VEHICLE LICENSE FEES AS REQUIRED BY 47 O.S. 1961 22.2 [47-22.2](D), MUST THE COUNTY TREASURER, WHERE THE COUNTY HAS OUTSTANDING ROAD BONDS, DEPOSIT ALL OF THE 40 PERCENT OF SAID FEES RECEIVED TO THE CREDIT OF THE SINKING FUND UNTIL AN AMOUNT SUFFICIENT TO RETIRE ALL ROAD BONDS AND INTEREST IN FULL AS ACCUMULATED, OR ONLY SO MUCH OF