Okla. Stat. tit. 70, § 70-3211
This is the official text of Okla. Stat. tit. 70, § 70-3211, 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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Revolving Loan Fund of the Oklahoma State Regents for
Official statutory text
Higher Education.
(a) There is hereby created in the State Treasury a Revolving
Loan Fund to be designated "Revolving Loan Fund of the Oklahoma
State Regents for Higher Education." Such fund shall be a
continuing fund, and the State Regents may allocate on a loan basis
any of the monies therein to any of the state educational
institutions under their jurisdiction, for projects authorized by
Oklahoma Statutes - Title 70. Schools Page 1427
the Board of Regents of the institution and approved by the State
Regents.
(b) Monies in such fund shall be disbursed by claims approved by
the President of the institution to which the monies were allocated.
The State Regents shall prescribe rules and regulations for the
safekeeping and proper expenditure, repayment procedures, and
reports covering the expenditure, of moneys used for projects
authorized.
(a) There is hereby created in the State Treasury a Revolving
Loan Fund to be designated "Revolving Loan Fund of the Oklahoma
State Regents for Higher Education." Such fund shall be a
continuing fund, and the State Regents may allocate on a loan basis
any of the monies therein to any of the state educational
institutions under their jurisdiction, for projects authorized by
Oklahoma Statutes - Title 70. Schools Page 1427
the Board of Regents of the institution and approved by the State
Regents.
(b) Monies in such fund shall be disbursed by claims approved by
the President of the institution to which the monies were allocated.
The State Regents shall prescribe rules and regulations for the
safekeeping and proper expenditure, repayment procedures, and
reports covering the expenditure, of moneys used for projects
authorized.
Status: in_force · Read it on the official government site
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