OK SB300

Oklahoma Capital Investment Board dissolves on November 1, 2025, with all contracts, agreements, and investment management responsibilities transferring to the Oklahoma Center for the Advancement of Science and Technology

Oklahoma Capital Formation Revolving Fund transfers from the Oklahoma Department of Commerce to the Oklahoma Center for the Advancement of Science and Technology

"Board" definition changes from Oklahoma Capital Investment Board to the Oklahoma Science and Technology Research and Development Board of the Oklahoma Center for the Advancement of Science and Technology

Existing contracts, guarantees, and obligations entered into before June 8, 2012 remain enforceable and unaffected by the dissolution

Any remaining funds paid to the Board or its subsidiaries after final obligations are satisfied must be deposited into the General Revenue Fund of the State Treasury within 30 days