Okla. Stat. tit. 62, § 62-2302
This is the official text of Okla. Stat. tit. 62, § 62-2302, part of Oklahoma’s Stat. tit. 62, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 62,." Browse the sections below, each linked to its official government source.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Purpose
Official statutory text
The purpose of the Tobacco Settlement Endowment Trust Fund Act
is to further implement the provisions of Section 40 of Article X of
the Oklahoma Constitution that:
1. Created the Tobacco Settlement Endowment Trust Fund, the
Board of Investors of the Tobacco Settlement Endowment Trust Fund,
and the Board of Directors of the Tobacco Settlement Endowment Trust
Fund;
2. Directs the apportionment of revenues from settlements with
or judgments against tobacco companies between the Tobacco
Settlement Endowment Trust Fund and a special fund established for
Oklahoma Statutes - Title 62. Public Finance Page 640
the purpose of receiving tobacco settlement payments not deposited
to the trust fund; and
3. Authorizes the Board of Directors of the Tobacco Settlement
Endowment Trust Fund to expend trust fund earnings for specific
purposes.
is to further implement the provisions of Section 40 of Article X of
the Oklahoma Constitution that:
1. Created the Tobacco Settlement Endowment Trust Fund, the
Board of Investors of the Tobacco Settlement Endowment Trust Fund,
and the Board of Directors of the Tobacco Settlement Endowment Trust
Fund;
2. Directs the apportionment of revenues from settlements with
or judgments against tobacco companies between the Tobacco
Settlement Endowment Trust Fund and a special fund established for
Oklahoma Statutes - Title 62. Public Finance Page 640
the purpose of receiving tobacco settlement payments not deposited
to the trust fund; and
3. Authorizes the Board of Directors of the Tobacco Settlement
Endowment Trust Fund to expend trust fund earnings for specific
purposes.
Status: in_force · Read it on the official government site
Need a lawyer in Oklahoma?
Find a Oklahoma lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.