{"data":{"id":"us-ok/okla.-stat.-tit.-47-47-2-303","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 47, § 47-2-303","heading":"Law Enforcement Retirement Board","body":"A. There shall be an \"Oklahoma Law Enforcement Retirement\n\nBoard\" to administer the fund of the System. The Board shall be\n\ncomposed of the Commissioner of Public Safety or his designee, the\n\nDirector of the Office of Management and Enterprise Services or his\n\ndesignee, three members to be appointed by the Governor one of whom\n\nshall be a retired member of the System, one member to be appointed\n\nby the Speaker of the House of Representatives, one member to be\n\nappointed by the President Pro Tempore of the Senate, two members of\n\nthe Highway Patrol Division and one member of the Communication\n\nDivision of the Department of Public Safety, one member of the\n\nOklahoma State Bureau of Investigation, one member of the Oklahoma\n\nState Bureau of Narcotics and Dangerous Drugs Control and one member\n\nof the Alcoholic Beverage Laws Enforcement Commission, elected by\n\nand from the membership of the System. The terms of elected members\n\nof the Board now serving shall expire on June 30, 1980. The present\n\nBoard shall conduct an election for the selection of elected members\n\nof the Board, prior to the operative date of this act. One member\n\nof the Oklahoma Highway Patrol and the member of the Oklahoma State\n\nBureau of Investigation, initially elected, shall serve through June\n\n30, 1982, the member of the Oklahoma Alcoholic Beverage Control\n\nBoard, initially elected, shall serve through June 30, 1984, and the\n\nremaining elected members shall serve through June 30, 1983.\n\nMembers subsequently elected shall serve for terms of three (3)\n\nyears.\n\nB. 1. The initial term of office of the member appointed to\n\nthe Board by the Speaker of the House of Representatives and the\n\nmember appointed to the Board by the President Pro Tempore of the\n\nSenate shall expire on January 3, 1989. The members thereafter\n\nappointed by the Speaker of the House of Representatives and by the\n\nPresident Pro Tempore of the Senate shall serve terms of office of\n\nfour (4) years.\n\n2. The member appointed by the Governor serving on the Board on\n\nthe operative date of this act shall serve the remainder of the\n\nunexpired term of the member. The member appointed by the Governor\n\nto fill that position after the expiration of the term of office of\n\nthe member serving on the operative date of this act shall serve\n\nthrough January 13, 1991. The members thereafter appointed by the\n\nGovernor shall serve a term of office of four (4) years which is\n\ncoterminous with the term of office of the office of the appointing\n\nauthority.\n\n3. The initial term of office of the two additional\n\nappointments to the Board by the Governor shall expire on January\n\n14, 1991. The members thereafter appointed by the Governor shall\n\nserve terms of office of four (4) years which are coterminous with\n\nthe term of office of the office of the appointing authority.\n\n4. Vacancies shall be filled for the unexpired term of office\n\nin the same manner as the original appointment was made.\n\nC. The members appointed to the Board by the Speaker of the\n\nHouse of Representatives, by the President Pro Tempore of the Senate\n\nand by the Governor or a member who is a designee of an ex officio\n\nmember of the Board shall:\n\n1. Have demonstrated professional experience in investment or\n\nfunds management, public funds management, public or private pension\n\nfund management or retirement system management; or\n\n2. Have demonstrated experience in the banking profession and\n\nhave demonstrated professional experience in investment or funds\n\nmanagement; or\n\n3. Be licensed to practice law in this state and have\n\ndemonstrated professional experience in commercial matters; or\n\n4. Be licensed by the Oklahoma Accountancy Board to practice in\n\nthis state as a public accountant or a certified public accountant.\n\nThe appointing authorities, in making appointments that conform\n\nto the requirements of this subsection, shall give due consideration\nnagement; or\n\n3. Be licensed to practice law in this state and have\n\ndemonstrated professional experience in commercial matters; or\n\n4. Be licensed by the Oklahoma Accountancy Board to practice in\n\nthis state as a public accountant or a certified public accountant.\n\nThe appointing authorities, in making appointments that conform\n\nto the requirements of this subsection, shall give due consideration\n\nto balancing the appointments among the criteria specified in\n\nparagraphs 1 through 4 of this subsection.\n\nD. No member of the Board shall be a lobbyist registered in\n\nthis state as provided by law.\n\nE. Notwithstanding any of the provisions of this section to the\n\ncontrary, any person serving as an appointed member of the Board on\n\nthe operative date of this act shall be eligible for reappointment\n\nwhen the term of office of the member expires.\n\nF. Every two (2) years, one of the members of the Board shall\n\nbe selected by the Board as president and another member as\n\nsecretary of the Board.\n\nG. Any member of the Board elected by the membership of the\n\nSystem may be recalled for cause at a special election held for that\n\npurpose by the members of the System. Such an election shall be\n\ncalled and held by the president and secretary of the Board upon a\n\nwritten request therefor signed by not less than one-third (1/3) of\n\nthe members of the System and shall be held pursuant to notice given\n\nto all members of the System stating the date for such election\n\nwhich shall not be less than ten (10) days from the date of the\n\nissuance of such notice. All members of the System shall be\n\nentitled to vote by secret ballot and, if two-thirds (2/3) or more\n\nof the membership of the System vote for his recall, the elected\n\nmember of the Board designated in such request, notice and secret\n\nballot shall cease to be a member of the Board and the president and\n\nsecretary of the Board shall call and hold a special election by the\n\nmembers of the System to fill the remainder of the term of the\n\nmember so recalled.\n\nH. The Oklahoma Law Enforcement Retirement System shall retain\n\nan Executive Director and shall establish the Executive Director's\n\ncompensation. The Executive Director shall be the managing and\n\nadministrative officer of the System and as such shall have charge\n\nof the office, records and supervision and direction of the\n\nemployees of the System. The Executive Director shall be\n\nresponsible for the overall operations and to perform duties\n\nspecified in Section 2-300 of this title and as specified by the\n\nBoard. The Executive Director shall be subject to the policy\n\ndirections of the Board and may employ such persons as are deemed\n\nnecessary to administer the System.","path":["OK Code","Title 47"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os47.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"a42311bbefe5e87ec16e2190f7030af7479bed957e975f8021b0be7615089120","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-47-47-2-302","next":"us-ok/okla.-stat.-tit.-47-47-2-303.1"},"notice":"GroundRules: Original legal text. Not legal advice."}