Oklahoma § 62-2303 - Tobacco Settlement Endowment Trust Fund – Monies
Full text of Oklahoma Oklahoma Statutes § 62-2303 — Tobacco Settlement Endowment Trust Fund – Monies, with citation guidance and answers to common questions.
§ 62-2303. Tobacco Settlement Endowment Trust Fund – Monies
consisting principal.
A. Section 40 of Article X of the Oklahoma Constitution created
a trust fund to be known as the “Tobacco Settlement Endowment Trust
Fund”. The trust fund principal shall consist of the portion of
monies which are received by the State of Oklahoma on or after July
1, 2001, pursuant to any settlement with or judgment against any
tobacco company or companies as provided by subsection B of this
section, the Fifty Million Dollars ($50,000,000.00) transferred to
the Tobacco Settlement Endowment Trust Fund pursuant to Section 29,
Chapter 8, 1st Extraordinary Session, O.S.L. 2000, and any other
monies that may be appropriated or otherwise directed to the trust
fund by the Legislature.
B. The trust fund principal shall consist of monies which are
deposited to the trust fund. Notwithstanding any other provisions
of law, income and investment return on trust fund principal shall
accrue to the trust fund.
Added by Laws 2001, c. 274, § 3, emerg. eff. May 31, 2001.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 62-2303
What does Oklahoma Statutes § 62-2303 cover?
Section 62-2303 ("Tobacco Settlement Endowment Trust Fund – Monies") 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 § 62-2303?
A common citation format is "Oklahoma Statutes § 62-2303" (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 § 62-2303 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.