Okla. Stat. tit. 62, § 62-2305: Board of Investors of the Tobacco Settlement Endowment

Trust Fund.

A. Section 40 of Article X of the Oklahoma Constitution created

the Board of Investors of the Tobacco Settlement Endowment Trust

Fund.

B. The members of the Board of Investors shall receive no

salary for serving on the Board. All members shall receive

necessary travel expenses for the performance of their duties in

accordance with the provisions of the State Travel Reimbursement

Act.

C. The terms of the Board of Investors shall be staggered as

provided by subsection A of Section 2304 of this title.

D. The Board shall annually elect a vice-chair, who shall

preside over meetings in the absence of the State Treasurer, and any

other officers, provided that no member shall be elected vice-chair

for more than two (2) consecutive years. The Board shall meet at

least quarterly.

E. Staffing for the Board of Investors shall be provided by the

Office of the State Treasurer.