Oklahoma HJR1050 proposes to amend the state constitution to change the term limit for Board of Directors members of the Tobacco Settlement Endowment.
Oklahoma HJR1050 proposes a constitutional amendment to the Tobacco Settlement Endowment Trust Fund. It changes the term limit for Board of Directors members from seven years to four years. Members would be subject to removal at will by their respective appointing authority. Appointees must have expertise in public or private investment funds management and must be from different congressional districts.
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