Okla. Stat. tit. 74, § 74-9.34
This is the official text of Okla. Stat. tit. 74, § 74-9.34, part of Oklahoma’s Stat. tit. 74, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 74,." Browse the sections below, each linked to its official government source.
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Gifts, donations, bequests or grants
Official statutory text
Oklahoma Statutes - Title 74. State Government Page 59
The Office of Disability Concerns shall accept, hold in trust,
and authorize the use of any grant or devise of land, or any
donations or bequests of money or other personal property made to
the Office so long as the terms of the grant, donation, bequest or
will are carried out. The Office may invest and reinvest any funds
and money, lease, or sell any real or personal property, and invest
the proceeds for the purpose of promoting the well-being of people
with disabilities unless prohibited by the terms of the grant,
donation, bequest, gift, or will. If, due to circumstances, the
requests of the person or persons making the grant, donation,
bequest, gift, or will cannot be carried out, the Office shall have
the authority to use the remainder thereof for the purposes of this
act. Said funds shall be deposited to the revolving fund to carry
out the provisions of this act. Such gifts, donations, bequests, or
grants shall be exempt for tax purposes. The Office shall report
annually to the Governor all monies and properties received and
expended by virtue of this section.
The Office of Disability Concerns shall accept, hold in trust,
and authorize the use of any grant or devise of land, or any
donations or bequests of money or other personal property made to
the Office so long as the terms of the grant, donation, bequest or
will are carried out. The Office may invest and reinvest any funds
and money, lease, or sell any real or personal property, and invest
the proceeds for the purpose of promoting the well-being of people
with disabilities unless prohibited by the terms of the grant,
donation, bequest, gift, or will. If, due to circumstances, the
requests of the person or persons making the grant, donation,
bequest, gift, or will cannot be carried out, the Office shall have
the authority to use the remainder thereof for the purposes of this
act. Said funds shall be deposited to the revolving fund to carry
out the provisions of this act. Such gifts, donations, bequests, or
grants shall be exempt for tax purposes. The Office shall report
annually to the Governor all monies and properties received and
expended by virtue of this section.
Status: in_force · Read it on the official government site
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