LegalFix

§72-440. Acceptance of gifts, donations, bequests, grants or contracts.

72 OK Stat § 72-440 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

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, 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.

LegalFix

Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal plans you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.

LegalFix provides its members with easy access to affordable legal services through a network of independent law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.

The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our network law firms.

You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your network law firm.

The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.

Use of this website, the purchase of legal plans, and access to the LegalFix networks of law firms are subject to the LegalFix Terms of Service and Privacy Policy.

We have updated our Terms of Service, Privacy Policy, and Disclosures. By continuing to browse this site, you agree to our Terms of Service, Privacy Policy, and Disclosures.
§72-440. Acceptance of gifts, donations, bequests, grants or contracts.