Oklahoma Statutes
§ 70-3907 — College and university related foundations - Priorities
Oklahoma·Title 70 Schools
and guidelines for use of unrestricted income. It is the intent of the Legislature that trustees of college- and university-related foundations establish priorities and guidelines for the use of unrestricted income. It is the further intent of the Legislature that unrestricted income be used exclusively for the enrichment of the academic programs and purposes of the institution or institutions to which such foundation is related.
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Legislative History
Added by Laws 1987, c. 229, § 3, eff. July 1, 1987.
Nearby Sections
15
§ 70-1-1
Repealed§ 70-1-10
Repealed§ 70-1-101
Oklahoma School Code.§ 70-1-102
Purpose of act.§ 70-1-103
Act to be liberally construed.§ 70-1-107
Educational services - Enumeration.§ 70-1-108
School district - Definition.§ 70-1-109.1
Optional Extended School Year Program.§ 70-1-11
Repealed§ 70-1-110
Repealed