Oklahoma § 62-2302 - Purpose
Full text of Oklahoma Oklahoma Statutes § 62-2302 — Purpose, with citation guidance and answers to common questions.
§ 62-2302. Purpose
The purpose of the Tobacco Settlement Endowment Trust Fund Act
is to further implement the provisions of Section 40 of Article X of
the Oklahoma Constitution that:
1. Created the Tobacco Settlement Endowment Trust Fund, the
Board of Investors of the Tobacco Settlement Endowment Trust Fund,
and the Board of Directors of the Tobacco Settlement Endowment Trust
Fund;
2. Directs the apportionment of revenues from settlements with
or judgments against tobacco companies between the Tobacco
Settlement Endowment Trust Fund and a special fund established for
Oklahoma Statutes - Title 62. Public Finance
the purpose of receiving tobacco settlement payments not deposited
to the trust fund; and
3. Authorizes the Board of Directors of the Tobacco Settlement
Endowment Trust Fund to expend trust fund earnings for specific
purposes.
Added by Laws 2001, c. 274, § 2, emerg. eff. May 31, 2001.
Frequently Asked Questions About Oklahoma § 62-2302
What does Oklahoma Statutes § 62-2302 cover?
Section 62-2302 ("Purpose") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Oklahoma § 62-2302?
A common citation format is "Oklahoma Statutes § 62-2302" (Oklahoma). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Oklahoma law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.
How does Oklahoma § 62-2302 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Oklahoma.