Okla. Stat. tit. 70, § 70-6012: Unauthorized loans and other transfers - Ceiling on

tuition aid grants.

A. Except as provided in subsection B of this section, the

assets of the Trust shall be preserved, invested, and expended

solely pursuant to and for the purposes set forth in the Oklahoma

Tuition Trust Act and shall not be loaned or otherwise transferred

or used by the state for any purpose other than the purposes of the

Oklahoma Tuition Trust Act. This section shall not be construed to

prohibit the Trust from investing in, by purchase or otherwise,

bonds, notes, or other obligations of the state, an agency of the

state, or an instrumentality of the state.

B. Not less than three percent (3%) nor more than ten percent

(10%), as determined by the Regents, of the interest income

generated by the investment of the assets of the Oklahoma College

Tuition Trust Fund shall be used for the purpose of making tuition

aid grants pursuant to the Oklahoma Higher Education Tuition Aid

Act.