Oklahoma § 72-440 Acceptance of gifts, donations, bequests, grants or

Oklahoma Statutes

§ 72-440 — Acceptance of gifts, donations, bequests, grants or

Oklahoma § 72-440

Title 72Soldiers And Sailors

This text of Oklahoma § 72-440 (Acceptance of gifts, donations, bequests, grants or) 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. 72, § 72-440 (2026).

Text

contracts.

A.The Oklahoma Department of Veterans Affairs may accept and receive any and all gifts, donations, devices, bequests, grants or contracts of any kind for money or property, either real or personal including but not limited to military memorabilia, artifacts or equipment, whether conditionally or unconditionally given.

B.The Department is directed, authorized and empowered to hold such funds or property outright or in trust, invest or sell the property, and to use the principal or interest or proceeds of sale for the benefit of current or future Veterans programs, facility construction, repair or improvements or departmental operations.

C.The Department shall utilize its best efforts to comply with the terms of any conditional gift, devise or bequest in fulfillment of the dono

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contracts. A. The Oklahoma Department of Veterans Affairs may accept and receive any and all gifts, donations, devices, bequests, grants or contracts of any kind for money or property, either real or personal including but not limited to military memorabilia, artifacts or equipment, whether conditionally or unconditionally given. B. The Department is directed, authorized and empowered to hold such funds or property outright or in trust, invest or sell the property, and to use the principal or interest or proceeds of sale for the benefit of current or future Veterans programs, facility construction, repair or improvements or departmental operations. C. The Department shall utilize its best efforts to comply with the terms of any conditional gift, devise or bequest in fulfillment of the donor's stipulations and provisions of applicable laws. Any real or personal property donated with conditions which are at any time determined infeasible to meet or continue may be returned to the donor, or if the donor is no longer living, if a natural person, or no longer a legally organized entity, for organizations, then the property may be sold and the proceeds of the sale deposited in the Department's general fund or the property may be further donated in kind to a veterans' service organization. D. No administrator shall provide any preferential consideration to a potential resident of any Oklahoma state veterans homes in the course of the application and admission process due to any prior or pledged gift, devise or bequest of any money or property given or donated by the potential veteran resident or immediate family member of the potential veteran resident.