Title 70 — Title 70 — Schools

70 O.S. § 592 Repealed by Laws 1949, p. 607, art. 20, § 9

70 O.S. § 593 Repealed by Laws 1943, p. 78, § 43

70 O.S. § 594 Repealed by Laws 1949, p. 607, art. 20, § 9

70 O.S. § 595 Repealed by Laws 1949, p. 607, art. 20, § 9

70 O.S. § 596 Repealed by Laws 1949, p. 607, art. 20, § 9

70 O.S. § 597 Repealed by Laws 1949, p. 607, art. 20, § 9

70 O.S. § 598 Repealed by Laws 1949, p. 607, art. 20, § 9

1971.

§70-6-1. Repealed by Laws 1971, c. 281, § 24-127, eff. July 2, 1971. §70-6-1a. Repealed by Laws 1971, c. 281, § 24-127, eff. July 2, 1971. §70-6-2. Repealed by Laws 1971, c. 281, § 24-127, eff. July 2, 1971. §70-6-3. Repealed by Laws 1971, c. 281, § 24-127, eff. July 2, 1971. §70…

1971.

Sections 1 through 15 of this act shall be known and may be cited as the "Oklahoma Tuition Trust Act". Added by Laws 1988, c. 261, § 1, emerg. eff. June 29, 1988.

A. The Legislature finds and declares the following: 1. It is an essential function of state government to forever encourage schools and the means of education; 2. It is a responsibility of state government to maintain state institutions of higher education; 3. It is an essential…

As used in the Oklahoma Tuition Trust Act: 1. "Advance tuition payment contract" means a contract entered into by the Trust and a purchaser to provide for the higher education of a qualified beneficiary; 2. "Regents" means the Oklahoma State Regents for Higher Education; 3. "Purc…

committee. A. There is hereby created the "Oklahoma Tuition Trust". The purposes, powers, and duties of the Oklahoma Tuition Trust are vested in and shall be exercised by the Oklahoma State Regents for Higher Education. B. The Regents may delegate to its chairperson or any other …

A. For the purpose of implementing and administering the Oklahoma Tuition Trust Act, the Regents shall have the power and duty to: 1. invest any money of the Trust, at the discretion of the Regents, in any instruments, obligations, securities or property deemed proper by the Rege…

Termination of rights of beneficiary. A. The Trust, on behalf of itself and the state, may contract with a purchaser for the advance payment of tuition by the purchaser for a qualified beneficiary to attend any of the institutions of higher education to which the qualified benefi…

A. At a minimum, the Trust shall offer advance tuition payment contracts of the two types set forth in paragraphs 1 and 2 of this subsection to be known as Plan A and Plan B, respectively. 1. Under Plan A: a. a payment or series of payments shall be required from the purchaser on…

refunds. A. Within thirty (30) days of written notice to the Regents that a qualified beneficiary is enrolled in and attending classes for a given semester, quarter, term, or session, the Regents shall pay to the appropriate institution of higher education the then actual in-stat…

Refunds. A. An advance tuition payment contract shall authorize a termination of the contract when any one of the following occurs: 1. The qualified beneficiary dies; 2. The qualified beneficiary is not admitted to a state institution of higher education after making proper appli…

Accountings - Expenditure and investment of assets. A. There is hereby created in the State Treasury an "Oklahoma College Tuition Trust Fund" into which shall be deposited all assets accruing to the Trust including payments received by the Trust from purchasers on behalf of quali…

and Securities and Exchange Commission. A. The Regents shall solicit answers to appropriate ruling requests from the United States Internal Revenue Service regarding the tax status of the value received under the contract to the purchaser or qualified beneficiary. The Regents sha…

State institutions of higher education, purchasers and qualified beneficiaries may enforce the Oklahoma Tuition Trust Act and any contract entered into pursuant to the Oklahoma Tuition Trust Act in the district court for Oklahoma County. Added by Laws 1988, c. 261, § 12, emerg. e…

tuition aid grants. A. Except as provided in subsection B of this section, the assets of the Trust shall be preserved, invested, and expended solely pursuant to and for the purposes set forth in the Oklahoma Tuition Trust Act and shall not be loaned or otherwise transferred or us…

thereto. Nothing in the Oklahoma Tuition Trust Act or in an advance tuition payment contract entered into pursuant to the Oklahoma Tuition Trust Act shall be construed as a promise or guarantee by the Trust or the state that a person will be admitted to an institution of higher e…

advance tuition contracts. A. The property of the Trust and its income and operation shall be exempt from all taxation by this state or any of its political subdivisions. B. The purchaser may deduct from taxable income the amount of payment made under an advance tuition payment c…

70 O.S. § 61 Repealed by Laws 1949, p. 607, art. 20, § 9

The Commissioners of the Land Office, consisting of the Governor, the Lieutenant Governor, State Auditor and Inspector, Superintendent of Public Instruction, and the President of the Board of Agriculture, are hereby authorized and empowered to manage, loan, invest and deposit, th…

Until such time as said funds may be safely and advantageously invested in the securities mentioned in the preceding section, said Commissioners of the Land Office are hereby authorized and empowered to deposit said sums in such banks or trust companies as they may select, but sh…

The Commissioners of the Land Office shall report to each Legislature the condition and management of such funds. R.L.1910, § 7656.

The Commissioners of the Land Office shall apportion the income accruing from the Permanent School Fund. All monies remaining in the hands of the Commissioners of the Land Office and in the State Treasury at the close of each calendar month shall be apportioned and paid over to t…

The apportionment shall be made to the school districts of the county on the basis of school population as determined pursuant to the provisions of Section 56 of this act for the preceding school year as certified by the State Board of Education. The Commissioners of the Land Off…

The Commissioners of the Land Office are hereby authorized and empowered to make all necessary rules and regulations, for the purpose of carrying into effect the provisions of this law. R.L. 1910 Sec. 7659. R.L.1910, § 7659.

70 O.S. § 617 Repealed by Laws 1965, c. 396, § 1309, eff. July 1, 1965

1979.

The State Auditor and Inspector, Treasurer, Commissioners of the Land Office, and all other officers of the state, are hereby directed and required to use the term "Section Thirteen Fund State Educational Institutions" upon all their records as the proper name for designating the…

70 O.S. § 62 Repealed by Laws 1949, p. 607, art. 20, § 9

70 O.S. § 620 Repealed by Laws 1949, p. 607, art. 20, § 9

The institutions of higher learning eligible for participation in the Section Thirteen Fund and the New College Fund, as provided in the Enabling Act, Sections 8 and 12; the Constitution of the State of Oklahoma, Article XI, Sections 1 and 5; Title 70, Section 617, O.S. 1951; and…

It is the intention of the Legislature to enact each and every part of this act and if any section, paragraph, sentence, item, or clause of this act shall for any reason be held unconstitutional such decision shall not affect the validity of the remaining portions of this act. La…

There is hereby established in the State Treasury the Student Educational Assistance Fund, for the purposes hereinafter stated. The State Treasurer's office is hereby authorized to receive on behalf of the fund such future appropriations, gifts, grants, and donations as may be ma…

A. The Oklahoma State Regents for Higher Education are hereby authorized to utilize the Student Educational Assistance Fund and to administer the student loan guarantee program under the federal Higher Education Act of 1965, as amended, for guaranteeing loans made by private or p…

A. For licensees determined to be in default, pursuant to the applicable federal regulation, the Oklahoma State Regents for Higher Education shall prescribe rules and procedures to provide an opportunity for the licensee to enter into a satisfactory repayment agreement and an opp…

Grounds Any student loan, grant, fellowship, teaching fellowship or other means of financial assistance authorized by and/or under the control of the Oklahoma State Regents for Higher Education, any operating Board of Regents of Oklahoma Universities or Colleges, or any employee …

There is hereby established the Oklahoma Rural Medical Education Loan and Scholarship Fund. The fund shall be administered by the Health Care Workforce Training Commission under the provisions of Section 625.9 of this title. Added by Laws 1970, c. 82, § 1, emerg. eff. March 26, 1…

7, 1976.

Administration. The Health Care Workforce Training Commission is hereby authorized and empowered to establish and administer cost-sharing scholarships and loan fund programs which shall provide for state assistance to and participation with community physician education and schol…

There is hereby created and established the Oklahoma Community Physician Education Scholarship Program Fund which fund shall be administered by the Health Care Workforce Training Commission for the purposes of providing the state matching funds assistance for scholarship programs…

A. A student may be eligible to apply for and be granted a scholarship under the community and state matching program when the following conditions are met: 1. That the student desires a scholarship to cover the costs and expenses of pursuing the degree of Doctor of Medicine or t…

A. There is hereby created the "Community Match Rural Scholarship Incentive Program" which shall be conducted and administered by the Health Care Workforce Training Commission. The purpose of this program is to provide for the fair and necessary distribution of funds allocated to…

sharing programs. The Health Care Workforce Training Commission shall establish and administer cost-sharing programs for internship and residency physician training. The Commission shall provide for state assistance by sharing the cost on a percentage basis, as may be prescribed …