Okla. Stat. tit. 70, § 70-2282
This is the official text of Okla. Stat. tit. 70, § 70-2282, part of Oklahoma’s Stat. tit. 70, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 70,." Browse the sections below, each linked to its official government source.
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Heart of the Heartland Scholarship Fund
Official statutory text
A. There shall be created a trust fund to be known as the
"Heart of the Heartland Scholarship Fund". The trust fund shall be
managed and controlled by a board of trustees. The Oklahoma State
Oklahoma Statutes - Title 70. Schools Page 1367
Regents for Higher Education shall constitute the board of trustees
of the Heart of the Heartland Scholarship Fund.
B. The trust capital shall consist of all monies received from
the sale of the Heart of the Heartland special license plates
authorized pursuant to Section 14 of this act.
C. The board of trustees shall invest the trust capital in a
reasonable and prudent manner which, consistent with any long-term
investment needs, will produce the greatest trust income over the
term of the investment while preserving the trust capital. All
trust income shall be reinvested into the trust fund except as
provided in subsection D of this section.
D. The trust fund shall be administered for the purpose of
providing the necessary funds for students attending institutions in
The Oklahoma State System of Higher Education who were injured or
whose parent or legal guardian was killed in the April 19, 1995,
bombing of the Alfred P. Murrah Federal Building in Oklahoma City,
Oklahoma. The Oklahoma State Regents for Higher Education shall
grant the monies from the trust fund to any student eligible. To be
eligible to receive the trust funds, an applicant shall:
1. Be enrolled full-time in an undergraduate or graduate
program at a member institution of The Oklahoma State System of
Higher Education; and
2. Be a child injured or be the child of a parent or legal
guardian killed as a result of the bombing at the Alfred P. Murrah
Federal Building in Oklahoma City, Oklahoma.
E. Any trust capital or income remaining in the trust fund on
July 1, 2025, shall be transferred and deposited into the General
Revenue Fund, and the Heart of the Heartland Scholarship Fund shall
terminate. The Oklahoma State Regents for Higher Education shall
promulgate any necessary rules to implement this section.
"Heart of the Heartland Scholarship Fund". The trust fund shall be
managed and controlled by a board of trustees. The Oklahoma State
Oklahoma Statutes - Title 70. Schools Page 1367
Regents for Higher Education shall constitute the board of trustees
of the Heart of the Heartland Scholarship Fund.
B. The trust capital shall consist of all monies received from
the sale of the Heart of the Heartland special license plates
authorized pursuant to Section 14 of this act.
C. The board of trustees shall invest the trust capital in a
reasonable and prudent manner which, consistent with any long-term
investment needs, will produce the greatest trust income over the
term of the investment while preserving the trust capital. All
trust income shall be reinvested into the trust fund except as
provided in subsection D of this section.
D. The trust fund shall be administered for the purpose of
providing the necessary funds for students attending institutions in
The Oklahoma State System of Higher Education who were injured or
whose parent or legal guardian was killed in the April 19, 1995,
bombing of the Alfred P. Murrah Federal Building in Oklahoma City,
Oklahoma. The Oklahoma State Regents for Higher Education shall
grant the monies from the trust fund to any student eligible. To be
eligible to receive the trust funds, an applicant shall:
1. Be enrolled full-time in an undergraduate or graduate
program at a member institution of The Oklahoma State System of
Higher Education; and
2. Be a child injured or be the child of a parent or legal
guardian killed as a result of the bombing at the Alfred P. Murrah
Federal Building in Oklahoma City, Oklahoma.
E. Any trust capital or income remaining in the trust fund on
July 1, 2025, shall be transferred and deposited into the General
Revenue Fund, and the Heart of the Heartland Scholarship Fund shall
terminate. The Oklahoma State Regents for Higher Education shall
promulgate any necessary rules to implement this section.
Status: in_force · Read it on the official government site
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