Okla. Stat. tit. 60, § 60-301.8: Private inurement prohibited
Where this section sits in the code
- OK Code
- Title 60
No private inurement.
1. Employees, officers, and members of the governing board of
the charitable organization administering a charitable trust or the
common charitable trust fund shall not receive commissions, bonuses,
or other remuneration based on the solicitation of charitable trusts
or investment of assets in the common charitable trust fund.
2. Employees, officers, and members of the governing board of
the charitable organization administering a charitable trust or the
common charitable trust fund shall not receive loans, gifts, or
other pecuniary benefits from a charitable trust or the common
charitable trust fund except that employees and officers of the
charitable organization may receive reasonable compensation for
their employment as a part of the administrative overhead of the
charitable organization administering a charitable trust or the
common charitable trust fund.
Collected 2026-09-14T18:32:36Z. Source file · JSON