Oklahoma § 72-440 - Acceptance of gifts, donations, bequests, grants or
Full text of Oklahoma Oklahoma Statutes § 72-440 — Acceptance of gifts, donations, bequests, grants or, with citation guidance and answers to common questions.
§ 72-440. Acceptance of gifts, donations, bequests, grants or
contracts.
A. The Oklahoma Department of Veterans Affairs may accept and
receive any and all gifts, donations, devices, bequests, grants or
contracts of any kind for money or property, either real or personal
including but not limited to military memorabilia, artifacts or
equipment, whether conditionally or unconditionally given.
B. The Department is directed, authorized and empowered to hold
such funds or property outright or in trust, invest or sell the
property, and to use the principal or interest or proceeds of sale
for the benefit of current or future Veterans programs, facility
construction, repair or improvements or departmental operations.
C. The Department shall utilize its best efforts to comply with
the terms of any conditional gift, devise or bequest in fulfillment
of the donor's stipulations and provisions of applicable laws. Any
real or personal property donated with conditions which are at any
time determined infeasible to meet or continue may be returned to
the donor, or if the donor is no longer living, if a natural person,
Oklahoma Statutes - Title 72. Soldiers and Sailors
or no longer a legally organized entity, for organizations, then the
property may be sold and the proceeds of the sale deposited in the
Department's general fund or the property may be further donated in
kind to a veterans' service organization.
D. No administrator shall provide any preferential
consideration to a potential resident of any Oklahoma state veterans
homes in the course of the application and admission process due to
any prior or pledged gift, devise or bequest of any money or
property given or donated by the potential veteran resident or
immediate family member of the potential veteran resident.
Added by Laws 2018, c. 133, § 1, eff. Nov. 1, 2018.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 72-440
What does Oklahoma Statutes § 72-440 cover?
Section 72-440 ("Acceptance of gifts, donations, bequests, grants or") 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 § 72-440?
A common citation format is "Oklahoma Statutes § 72-440" (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 § 72-440 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.