Okla. Stat. tit. 70, § 70-697.10

liability costs - Intern and Residents Professional Liability

Insurance Fund.

A. The Health Care Workforce Training Commission is authorized

to enter into contractual arrangements with individual hospitals and

clinical programs for the reimbursement of intern or resident salary

cost not to exceed the limits established by Section 697.2 of this

title. Provided, that residency and internship positions created

prior to the spring semester 1975 shall be eligible for

participation in the cost-sharing program for internship and

residency training as established by Sections 697.1 through 697.8 of

this title, only if partial funding of said positions will allow the

creation of additional positions in whole or in part at the

participating hospital or clinical situation. The participating

Oklahoma Statutes - Title 70. Schools Page 1092

hospital or clinical situation shall document in a manner specified

by the Commission the extent to which funding of a previously

created and established position contributes directly to the

creation of additional positions at the participating hospital or

clinical situation.

B. The Commission is authorized, in cooperation with the

Oklahoma Health Care Authority, to enter into contractual

arrangements with the University of Oklahoma College of Medicine and

the Oklahoma State University College of Osteopathic Medicine for

the reimbursement of intern and resident professional liability

insurance cost which shall not be subject to the limits established

in Section 697.2 of this title. Any and all intern and resident

positions are eligible for reimbursement of intern and resident

professional liability insurance cost.

C. There is hereby created in the State Treasury a revolving

fund for the Health Care Workforce Training Commission to be

designated the "Intern and Residents Professional Liability

Insurance Fund". The fund shall be a continuing fund, not subject

to fiscal year limitations, and shall consist of all monies received

by the Health Care Workforce Training Commission for reimbursement

of intern and residency professional liability insurance costs. All

monies accruing to the credit of the fund are hereby appropriated

and may be budgeted and expended by the Health Care Workforce

Training Commission for such costs. 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.