Oklahoma § 70-628.2 - Study of income received for revolving funds
Full text of Oklahoma Oklahoma Statutes § 70-628.2 — Study of income received for revolving funds, with citation guidance and answers to common questions.
§ 70-628.2. Study of income received for revolving funds
The State Regents should make a thorough study of the income
received for the revolving fund of each institution and other budget
agency to determine that all educational budget income, as defined
by the law creating the revolving fund, the State Budget Law, and
the manual of the National Committee on Standard Reports, is being
collected and deposited by each institution into the revolving fund
of the State Treasury as provided by law; but, in keeping with the
definition of "revolving fund" recommended in the Second Annual
Report of the Oklahoma Commission on Education, income from gifts,
research grants and contracts which is deposited for the revolving
fund of any institution shall not be considered by the Oklahoma
State Regents for Higher Education in determining the allocation of
state appropriated funds to each institution.
Added by Laws 1971, p. 1034, S.J.R. No. 38, § 2, emerg. eff. June
17, 1971.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 70-628.2
What does Oklahoma Statutes § 70-628.2 cover?
Section 70-628.2 ("Study of income received for revolving funds") 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 § 70-628.2?
A common citation format is "Oklahoma Statutes § 70-628.2" (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 § 70-628.2 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.