Oklahoma Code § 70-4302

Title 70. Schools: Assets and obligations of former Boards of Regents
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All property, funds and other assets of any Board of Regents that is
replaced or abolished by the provisions of this Act are hereby
transferred to the Board of Regents replacing or succeeding the
former Board of Regents, which shall also assume and pay all
liabilities and obligations of the former Board of Regents.

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