Okla. Stat. tit. 62, § 62-2304: Appointments to Boards of Investors and Directors of the

Tobacco Settlement Endowment Trust Fund – Terms.

A. Appointments to the Board of Investors of the Tobacco

Settlement Endowment Trust Fund shall be staggered as provided in

this section, pursuant to the provisions of Section 40 of Article X

of the Oklahoma Constitution. The initial staggered terms of office

of persons appointed prior to April 10, 2001, or persons appointed

to fill the remainder of an initial term of office shall be as

follows:

1. The term of office of the person appointed by the Speaker of

the House of Representatives shall expire June 30, 2001;

2. The term of office of the person appointed by the President

Pro Tempore of the Senate shall expire June 30, 2002;

3. The term of office of the person appointed by the Governor

shall expire June 30, 2003; and

4. The term of office of the person appointed by the State

Auditor and Inspector shall expire June 30, 2004.

Thereafter, persons shall be appointed for terms of four (4)

years beginning July 1. Any vacancy shall be filled by the

appointing authority for the remainder of the unexpired term.

B. Appointments to the Board of Directors of the Tobacco

Settlement Endowment Trust Fund shall be staggered as provided in

this section, pursuant to the provisions of Section 40 of Article X

of the Oklahoma Constitution. The initial staggered terms of office

of persons appointed prior to April 10, 2001, or persons appointed

to fill the remainder of an initial term of office shall be as

follows:

1. The term of office of the person appointed by the Speaker of

the House of Representatives shall expire June 30, 2001;

2. The term of office of the person appointed by the President

Pro Tempore of the Senate shall expire June 30, 2002;

3. The term of office of the person appointed by the Governor

shall expire June 30, 2003;

4. The term of office of the person appointed by the Attorney

General shall expire June 30, 2004;

5. The term of office of the person appointed by the State

Treasurer shall expire June 30, 2005;

6. The term of office of the person appointed by the State

Auditor and Inspector shall expire June 30, 2006; and

7. The term of office of the person appointed by the State

Superintendent of Public Instruction shall expire June 30, 2007.

Thereafter, persons shall be appointed for terms of seven (7)

years beginning July 1. Any vacancy shall be filled by the

appointing authority for the remainder of the unexpired term.