Okla. Stat. tit. 62, § 62-695.6a

A. The Council of Bond Oversight shall consist of five (5)

members as follows:

1. One member shall be appointed by the President Pro Tempore

of the Senate;

2. One member shall be appointed by the Speaker of the House of

Representatives;

3. Two members shall be appointed by the Governor, with the

advice and consent of the Senate; and

4. The State Treasurer or his or her designee shall be a

member.

B. Three members shall constitute a quorum. The affirmative

vote of three members shall be necessary for any action to be taken

by the Council.

C. Members appointed to the Council shall serve a term of four

(4) years and may be removed for cause by the appointing authority.

Members may be reappointed for additional terms.

D. A vacancy on the Council shall be filled in the same manner

as the original appointment, to hold office during the unexpired

term for which the member was appointed. The Council shall elect

one of its members chair and may elect such other officers as it

deems necessary. No vacancy in the membership of the Council shall

impair the right of the Council to exercise all duties of the

Council.

E. The State Treasurer, as provided in Section 695.7 of this

title, shall provide support staff as necessary to implement the

purposes and functions of the Council.

Oklahoma Statutes - Title 62. Public Finance Page 487

F. The Attorney General shall provide legal counsel to the

Council.

G. No member of the Oklahoma State Legislature shall be

eligible to serve as a member of the Council.