# Opinion

> Oklahoma Attorney General Reports · August 30, 1962

URL: https://www.frixlaw.com/law-library/cases/3795799

## Case

- **Full name:** John M. Rogers State Examiner and Inspector
- **Court:** Oklahoma Attorney General Reports
- **Decided:** August 30, 1962
- **Precedential status:** Published
- **Opinion:** Opinion of the court
- **Cited by:** 0 later opinions in the Frix Law Library

## Citator (automated)

- No negative treatment found by the automated citator. That is not the same as a confirmation that the case is good law; read the citing cases.
- Full citator and citing cases: https://www.frixlaw.com/law-library/cases/3795799

## Opinion text

OPINION — AG — (1) WHERE A STATE BOARD, AGENCY OR COMMISSION, INSTITUTION HAS DETERMINED THAT CERTAIN ACCOUNTS OWING TO THE STATE BY INDIVIDUALS OR CORPORATIONS ARE WORTHLESS AS ASSETS AND CANNOT BE COLLECTED, MAY SUCH BOARD, AGENCY, COMMISSION OR INSTITUTION DISCONTINUE CARRYING SAID ACCOUNTS AS ASSETS FOR ACCOUNTING PURPOSES ONLY, INORDER THAT ITS TRUE FINANCIAL CONDITION MAY BE SHOWN ? (2) MAY SUCH BOARD, AGENCY, COMMISSION, OR INSTITUTION CEASE TO CARRY ON ITS BOOKS AS ASSETS, FOR ACCOUNTING PURPOSES ONLY ACCOUNTS WHICH ARE CLEARLY WORTHLESS AND CANNOT BE COLLECTED, WHERE SUCH ACCOUNTS ARE OWING TO THE STATE BY SOME OTHER STATE BOARD, AGENCY, COMMISSION, OR INSTITUTION? (3) IF ACCOUNTS WHICH ARE CLEARLY WORTHLESS AND ARE NOT COLLECTIBLE, ARE OWING TO A STATE BOARD, AGENCY, COMMISSION OR INSTITUTION BY A COUNTY, CITY, OR TOWN, MAY THE SAME BE DISCONTINUED AS ASSETS UPON THE BOOKS OF SAID BOARD, AGENCY, ETC., FOR ACCOUNTING PURPOSES ONLY, IN ORDER TO SHOW ITS TRUE FINANCIAL CONDITION. (4) WOULD THE RELEASING OR EXTINGUISHING (BY THE OKLAHOMA LEGISLATURE) OF INDEBTEDNESS, REPRESENTED BY ACCOUNTS RECEIVABLE, OWING TO A STATE BOARD, AGENCY, COMMISSION, OR BY A COUNTY, CITY OR TOWN AND WHICH HAVE BEEN DETERMINED TO BE WORTHLESS AND CANNOT BE COLLECTED, BE VIOLATIVE OF ARTICLE V, SECTION 53 ? CITE: 74 O.S. 1961 18 [ 74-18 ](B), 74 O.S. 1961 214 [ 74-214 ], ARTICLE X, SECTION 30 (FRED HANSEN) ** SEE: OPINION NO. 74-196 (1974) **

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Source: Frix Law Library, https://www.frixlaw.com/law-library/cases/3795799. Public record. Not legal advice.