Okla. Stat. tit. 70, § 70-17-102: Establishment of system - Powers and privileges - Name

A retirement system is hereby established and placed under the

management of the Board of Trustees for the purpose of providing

retirement allowances and other benefits under the provisions of

this act for teachers of the State of Oklahoma.

The Board of Trustees shall have the power and privileges of a

corporation and shall be known as the "Board of Trustees of the

Teachers' Retirement System of Oklahoma", and by such name all of

its business shall be transacted, all of its funds invested, and all

of its cash and securities and other property held in trust for the

purpose for which received.