Okla. Stat. tit. 70, § 70-4670
This is the official text of Okla. Stat. tit. 70, § 70-4670, 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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Dissolution of Board of Regents of Rogers University
Official statutory text
On January 1, 1999, the entity known as the Board of Regents of
Rogers University, created by Section 4651 of this title, shall be
dissolved. No later than December 31, 1998, the Board of Regents of
Rogers University shall determine how the property of Rogers
University shall be divided, subject to the limitations provided in
this section. The property and assets of Rogers University which
have accrued from the beneficial interests running to Rogers
Oklahoma Statutes - Title 70. Schools Page 1670
University from the public trust created by the University Center at
Tulsa Authority and the beneficial interests running to Rogers
University from the foundation created for the benefit of Rogers
University/Tulsa, shall be transferred to Oklahoma State
University/Tulsa, contingent upon approval of the Authority and the
foundation. The beneficial interests running to Rogers University
from the foundation created for the benefit of Rogers
University/Claremore shall be transferred to Rogers State
University, contingent upon approval of the foundation. The assets
and obligations of Rogers University shall be divided between
Oklahoma State University/Tulsa and Rogers State University with the
assets that belonged to Rogers State College prior to June 30, 1996,
being transferred to Rogers State University and the assets that
belonged to University Center at Tulsa being transferred to Oklahoma
State University/Tulsa. The Board of Regents of Rogers University
shall determine how the assets acquired since May 30, 1996, shall be
divided between the two institutions. In cases of disagreement
concerning asset distribution, the Oklahoma State Regents for Higher
Education shall make the final determination.
Rogers University, created by Section 4651 of this title, shall be
dissolved. No later than December 31, 1998, the Board of Regents of
Rogers University shall determine how the property of Rogers
University shall be divided, subject to the limitations provided in
this section. The property and assets of Rogers University which
have accrued from the beneficial interests running to Rogers
Oklahoma Statutes - Title 70. Schools Page 1670
University from the public trust created by the University Center at
Tulsa Authority and the beneficial interests running to Rogers
University from the foundation created for the benefit of Rogers
University/Tulsa, shall be transferred to Oklahoma State
University/Tulsa, contingent upon approval of the Authority and the
foundation. The beneficial interests running to Rogers University
from the foundation created for the benefit of Rogers
University/Claremore shall be transferred to Rogers State
University, contingent upon approval of the foundation. The assets
and obligations of Rogers University shall be divided between
Oklahoma State University/Tulsa and Rogers State University with the
assets that belonged to Rogers State College prior to June 30, 1996,
being transferred to Rogers State University and the assets that
belonged to University Center at Tulsa being transferred to Oklahoma
State University/Tulsa. The Board of Regents of Rogers University
shall determine how the assets acquired since May 30, 1996, shall be
divided between the two institutions. In cases of disagreement
concerning asset distribution, the Oklahoma State Regents for Higher
Education shall make the final determination.
Status: in_force · Read it on the official government site
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