Okla. Stat. tit. 18, § 18-573: Powers of corporation

Such corporation has power to appoint a president or principal

for the institution, and such professors, tutors and other agents

and officers, as may be necessary, and to displace any of them as

the interests of the institutions may require; to fill vacancies, to

prescribe and direct the course of studies and the discipline to be

pursued and observed in the institution, and the rates of tuition in

the same; and the president and professors shall constitute the

faculty of such institution; and they have power to enforce the

rules and regulations enacted for the government and discipline of

the students, and to suspend and expel offenders, as may be deemed

expedient.