Okla. Stat. tit. 11, § 11-49-122.5: Operation, administration and management of System -

Responsibilities.

The State Board shall be responsible for the operation,

administration and management of the System.

In order to carry out the responsibilities imposed by law upon

them, the State Board shall appoint such advisors, consultants,

agents and employees, each of whom may be such individual, firm or

corporation as shall be deemed necessary or advisable and approved

by the State Board. Such individuals, firms or corporations may be

retained or employed in such manner and upon such terms as shall

seem appropriate and proper to the State Board, either by contract

or retainer, by regular full- or part-time employment or by such

other arrangements as shall be satisfactory to the State Board and

shall be subject to such bonding requirements as shall be

established by the State Board.

The Executive Director shall perform the duties and services

indicated below andsuch other duties and services as may, from time

to time, be requested or directed by the State Board, and who shall

be responsible to the State Board and shall attend all regular

meetings of the State Board.

The Executive Director shall be responsible to the State Board

for the day-to-day operation of the System, and shall on behalf of

the State Board:

1. Be responsible for the transmittal of communications from

the State Board to the local board;

2. Receive payroll and employment reports from participating

municipalities and maintain current employment, earnings and

contribution data on each covered member of each participating

municipality;

3. Coordinate the activities of all other advisors,

consultants, agents or employees appointed by the State Board;

4. Maintain all necessary records reflecting the operation and

administration of the System and submit detailed reports thereof to

the State Board at each regular meeting of the State Board and at

such other time or times as requested by the State Board;

5. Process all claims for payment of benefits or expenses for

approval by the State Board; and

6. File on behalf of the State Board such reports or other

information as shall be required by any state or federal law or

regulation.