Okla. Stat. tit. 62, § 62-34.78
This is the official text of Okla. Stat. tit. 62, § 62-34.78, 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.
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Higher educational institution claim settlement systems
Official statutory text
A. The Oklahoma State Regents for Higher Education and the
Director of the Office of Management and Enterprise Services shall
jointly establish a system for the settlement of claims, except for
payroll, by institutions of The Oklahoma State System of Higher
Education. The settlement system shall include policy, procedures,
and performance criteria for participation. The State Regents may
approve or disapprove the participation of any institution or other
entity of the State System in the claims settlement system.
B. The Department of Education and the Oklahoma Department of
Career and Technology Education may establish a preaudit and
settlement system for claims and/or payments of state-funded
assistance to school districts and institutions within The Oklahoma
State System of Higher Education. The payment system shall be
neutral as to interest income to the state and the school districts.
Director of the Office of Management and Enterprise Services shall
jointly establish a system for the settlement of claims, except for
payroll, by institutions of The Oklahoma State System of Higher
Education. The settlement system shall include policy, procedures,
and performance criteria for participation. The State Regents may
approve or disapprove the participation of any institution or other
entity of the State System in the claims settlement system.
B. The Department of Education and the Oklahoma Department of
Career and Technology Education may establish a preaudit and
settlement system for claims and/or payments of state-funded
assistance to school districts and institutions within The Oklahoma
State System of Higher Education. The payment system shall be
neutral as to interest income to the state and the school districts.
Status: in_force · Read it on the official government site
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