Okla. Stat. tit. 11, § 11-50-102.1
This is the official text of Okla. Stat. tit. 11, § 11-50-102.1, 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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Police Pension and Retirement System - Creation -
Official statutory text
Status - Powers and duties.
There is created the Oklahoma Police Pension and Retirement
System which shall be a body corporate and an instrumentality of
this state. The System shall be vested with the powers and duties
specified in this act and such other powers as may be necessary to
enable it and its officers and employees to carry out fully and
effectively the purposes and intent of this article. All assets of
the System shall be held in trust for the exclusive purpose of
providing benefits for the members and beneficiaries of the System,
including defraying reasonable expenses of administering the System,
and shall not be encumbered for or diverted to any other purpose.
This System shall be the responsibility of the state and not that of
the participating municipalities.
There is created the Oklahoma Police Pension and Retirement
System which shall be a body corporate and an instrumentality of
this state. The System shall be vested with the powers and duties
specified in this act and such other powers as may be necessary to
enable it and its officers and employees to carry out fully and
effectively the purposes and intent of this article. All assets of
the System shall be held in trust for the exclusive purpose of
providing benefits for the members and beneficiaries of the System,
including defraying reasonable expenses of administering the System,
and shall not be encumbered for or diverted to any other purpose.
This System shall be the responsibility of the state and not that of
the participating municipalities.
Status: in_force · Read it on the official government site
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