Okla. Stat. tit. 64, § 64-1078
This is the official text of Okla. Stat. tit. 64, § 64-1078, part of Oklahoma’s Stat. tit. 64, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 64,." Browse the sections below, each linked to its official government source.
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Apportionment of income among institutions
Official statutory text
The State Treasurer shall apportion the income derived from the
"Section Thirteen Fund State Educational Institutions" among the
educational institutions entitled thereto, in accordance with the
division and distribution made in Section 1, of Article 11, Chapter
34, Session Laws of 1907-1908, entitled "An Act to provide for the
division and distribution of the income, rentals, interest, and
proceeds from certain lands among certain educational institutions,
and making appropriations of such fund in pursuance thereof,
designating a name by which such fund shall hereafter be known, and
declaring an emergency"; and shall likewise apportion the income
derived from the "New College Fund" to the educational institutions
entitled thereto, in accordance with Section 1, Article 5, Chapter
28, Session Laws of 1909, entitled "An Act to provide for making
available to various educational institutions the income, interest,
rentals, and proceeds from certain lands, and making appropriations
of such funds; designating a name by which such fund shall hereafter
be known and declaring an emergency". The Director of the Office of
Management and Enterprise Services shall notify the chairman of the
board having control of each of said educational institutions, and
the president of each of said institutions, of the amount
apportioned to it. The amount so apportioned to each educational
institution shall, immediately after each successive apportionment,
become available and are hereby appropriated for the use of the
respective institutions, and shall be paid out in accordance with
the law.
"Section Thirteen Fund State Educational Institutions" among the
educational institutions entitled thereto, in accordance with the
division and distribution made in Section 1, of Article 11, Chapter
34, Session Laws of 1907-1908, entitled "An Act to provide for the
division and distribution of the income, rentals, interest, and
proceeds from certain lands among certain educational institutions,
and making appropriations of such fund in pursuance thereof,
designating a name by which such fund shall hereafter be known, and
declaring an emergency"; and shall likewise apportion the income
derived from the "New College Fund" to the educational institutions
entitled thereto, in accordance with Section 1, Article 5, Chapter
28, Session Laws of 1909, entitled "An Act to provide for making
available to various educational institutions the income, interest,
rentals, and proceeds from certain lands, and making appropriations
of such funds; designating a name by which such fund shall hereafter
be known and declaring an emergency". The Director of the Office of
Management and Enterprise Services shall notify the chairman of the
board having control of each of said educational institutions, and
the president of each of said institutions, of the amount
apportioned to it. The amount so apportioned to each educational
institution shall, immediately after each successive apportionment,
become available and are hereby appropriated for the use of the
respective institutions, and shall be paid out in accordance with
the law.
Status: in_force · Read it on the official government site
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