Oklahoma § 74-110.4 - Higher Education Facilities Revolving Fund – Accounts
Full text of Oklahoma Oklahoma Statutes § 74-110.4 — Higher Education Facilities Revolving Fund – Accounts, with citation guidance and answers to common questions.
§ 74-110.4. Higher Education Facilities Revolving Fund – Accounts
and purpose.
A. There is hereby created in the State Treasury a revolving
fund for the Oklahoma State Regents for Higher Education to be
Oklahoma Statutes - Title 74. State Government
designated the “Higher Education Facilities Revolving Fund”. The
fund shall be a continuing fund, not subject to fiscal year
limitations, and shall consist of all monies received by the
Oklahoma State Regents for Higher Education from the assessment
imposed pursuant to Section 354 of Title 17 of the Oklahoma
Statutes.
B. There shall be two accounts established in such fund. It is
the intent of the Legislature that one account shall be for the
purpose of transfer and allocation to the University of Oklahoma for
funding construction of a weather center on the campus of the
University of Oklahoma and one account shall be for the purpose of
transfer and allocation to Oklahoma State University for funding the
purchase of equipment and renovation of facilities on the campus of
Oklahoma State University for work on the application of advanced
sensor technology for the detection of chemical and biological
threats to homeland security. Any monies accruing to the credit of
said fund shall be divided equally for deposit into the two accounts
provided for herein. No funds deposited into one account shall be
transferred into the other account. All monies in each account are
hereby appropriated and may be budgeted and expended by the Oklahoma
State Regents for Higher Education for the purpose of allocation and
transfer to the University of Oklahoma and Oklahoma State University
as specified herein. The monies deposited into the Higher Education
Facilities Revolving Fund shall be in addition to and not a part of
the appropriations made by the Legislature pursuant to Section 3 of
Article XIII-A of the Oklahoma Constitution.
Added by Laws 2002, c. 23, § 2, emerg. eff. March 19, 2002. Amended
by Laws 2002, c. 371, § 2, emerg. eff. June 4, 2002.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 74-110.4
What does Oklahoma Statutes § 74-110.4 cover?
Section 74-110.4 ("Higher Education Facilities Revolving Fund – Accounts") 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 § 74-110.4?
A common citation format is "Oklahoma Statutes § 74-110.4" (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 § 74-110.4 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.