Okla. Stat. tit. 70, § 70-6003: Creation of Oklahoma Tuition Trust - Investment advisory

committee.

A. There is hereby created the "Oklahoma Tuition Trust". The

purposes, powers, and duties of the Oklahoma Tuition Trust are

vested in and shall be exercised by the Oklahoma State Regents for

Higher Education.

B. The Regents may delegate to its chairperson or any other

person such functions and authority as the Regents consider

necessary or appropriate. These functions may include, but are not

limited to, the oversight and supervision of employees of the

Regents which implement the Oklahoma Tuition Trust Act.

C. The Regents may create an investment advisory committee.

The committee shall be composed of five (5) members appointed by the

Regents. The members shall have skill and experience in the

business and financial fields. The members shall serve at the

pleasure of the Regents. The committee shall make recommendations

to the Regents concerning the investment of the monies of the Trust.