Oklahoma § 70-3907 College and university related foundations - Priorities

Oklahoma Statutes

§ 70-3907 — College and university related foundations - Priorities

Oklahoma § 70-3907

Title 70Schools

This text of Oklahoma § 70-3907 (College and university related foundations - Priorities) is published on Counsel Stack Legal Research, covering Oklahoma primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Okla. Stat. tit. 70, § 70-3907 (2026).

Text

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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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.