Okla. Stat. tit. 70, § 70-4103.1
This is the official text of Okla. Stat. tit. 70, § 70-4103.1, 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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Tuition Recovery Revolving Fund
Official statutory text
There is hereby created in the State Treasury a revolving fund
for the Oklahoma State Regents for Higher Education to be designated
the “Tuition Recovery Revolving Fund”. The fund shall be a
continuing fund, not subject to fiscal year limitations, and shall
consist of all monies received by the State Regents from fees
collected pursuant to Section 4103 of Title 70 of the Oklahoma
Statutes. All monies accruing to the credit of the fund are hereby
appropriated and may be budgeted and expended by the State Regents
for the purpose of offsetting student tuition losses in the event
that an institution authorized pursuant to Section 4103 of Title 70
of the Oklahoma Statutes closes or ceases operations. Expenditures
from the fund shall be made upon warrants issued by the State
Treasurer against claims filed as prescribed by law with the
Director of the Office of Management and Enterprise Services for
approval and payment.
for the Oklahoma State Regents for Higher Education to be designated
the “Tuition Recovery Revolving Fund”. The fund shall be a
continuing fund, not subject to fiscal year limitations, and shall
consist of all monies received by the State Regents from fees
collected pursuant to Section 4103 of Title 70 of the Oklahoma
Statutes. All monies accruing to the credit of the fund are hereby
appropriated and may be budgeted and expended by the State Regents
for the purpose of offsetting student tuition losses in the event
that an institution authorized pursuant to Section 4103 of Title 70
of the Oklahoma Statutes closes or ceases operations. Expenditures
from the fund shall be made upon warrants issued by the State
Treasurer against claims filed as prescribed by law with the
Director of the Office of Management and Enterprise Services for
approval and payment.
Status: in_force · Read it on the official government site
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