Okla. Stat. tit. 11, § 11-49-122.5
This is the official text of Okla. Stat. tit. 11, § 11-49-122.5, part of Oklahoma’s Stat. tit. 11, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 11,." Browse the sections below, each linked to its official government source.
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Operation, administration and management of System -
Official statutory text
Responsibilities.
The State Board shall be responsible for the operation,
administration and management of the System.
In order to carry out the responsibilities imposed by law upon
them, the State Board shall appoint such advisors, consultants,
agents and employees, each of whom may be such individual, firm or
corporation as shall be deemed necessary or advisable and approved
by the State Board. Such individuals, firms or corporations may be
retained or employed in such manner and upon such terms as shall
seem appropriate and proper to the State Board, either by contract
or retainer, by regular full- or part-time employment or by such
other arrangements as shall be satisfactory to the State Board and
shall be subject to such bonding requirements as shall be
established by the State Board.
The Executive Director shall perform the duties and services
indicated below andsuch other duties and services as may, from time
to time, be requested or directed by the State Board, and who shall
be responsible to the State Board and shall attend all regular
meetings of the State Board.
The Executive Director shall be responsible to the State Board
for the day-to-day operation of the System, and shall on behalf of
the State Board:
1. Be responsible for the transmittal of communications from
the State Board to the local board;
2. Receive payroll and employment reports from participating
municipalities and maintain current employment, earnings and
Oklahoma Statutes - Title 11. Cities and Towns Page 587
contribution data on each covered member of each participating
municipality;
3. Coordinate the activities of all other advisors,
consultants, agents or employees appointed by the State Board;
4. Maintain all necessary records reflecting the operation and
administration of the System and submit detailed reports thereof to
the State Board at each regular meeting of the State Board and at
such other time or times as requested by the State Board;
5. Process all claims for payment of benefits or expenses for
approval by the State Board; and
6. File on behalf of the State Board such reports or other
information as shall be required by any state or federal law or
regulation.
The State Board shall be responsible for the operation,
administration and management of the System.
In order to carry out the responsibilities imposed by law upon
them, the State Board shall appoint such advisors, consultants,
agents and employees, each of whom may be such individual, firm or
corporation as shall be deemed necessary or advisable and approved
by the State Board. Such individuals, firms or corporations may be
retained or employed in such manner and upon such terms as shall
seem appropriate and proper to the State Board, either by contract
or retainer, by regular full- or part-time employment or by such
other arrangements as shall be satisfactory to the State Board and
shall be subject to such bonding requirements as shall be
established by the State Board.
The Executive Director shall perform the duties and services
indicated below andsuch other duties and services as may, from time
to time, be requested or directed by the State Board, and who shall
be responsible to the State Board and shall attend all regular
meetings of the State Board.
The Executive Director shall be responsible to the State Board
for the day-to-day operation of the System, and shall on behalf of
the State Board:
1. Be responsible for the transmittal of communications from
the State Board to the local board;
2. Receive payroll and employment reports from participating
municipalities and maintain current employment, earnings and
Oklahoma Statutes - Title 11. Cities and Towns Page 587
contribution data on each covered member of each participating
municipality;
3. Coordinate the activities of all other advisors,
consultants, agents or employees appointed by the State Board;
4. Maintain all necessary records reflecting the operation and
administration of the System and submit detailed reports thereof to
the State Board at each regular meeting of the State Board and at
such other time or times as requested by the State Board;
5. Process all claims for payment of benefits or expenses for
approval by the State Board; and
6. File on behalf of the State Board such reports or other
information as shall be required by any state or federal law or
regulation.
Status: in_force · Read it on the official government site
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