Okla. Admin. Code § 590:25-15-1
Current through Vol. 42, No. 4, November 1, 2024
The Board of Trustees acts as trustee of the Trust. The Board takes, holds, invests, administers and distributes in accordance with this Plan and Trust, all Deferred Compensation and assets paid or delivered to the Board pursuant to the Plan for the uses and purposes herein expressed. The Board shall be accountable for all Deferred Compensation received, but shall have no duty to require any compensation to be deferred or to determine that the amounts received comply with the Plan, or to determine that the Trust Fund is adequate to provide the benefits payable pursuant to the Plan.
Okla. Admin. Code § 590:25-15-1