Legal Opinion
Question Submitted by: The Honorable Andy Fugate, Oklahoma House of Representatives, District 94
Oklahoma Attorney General Reports
Decided May 8, 2026Published
1Opinion of the Court
OSCN Found Document:Question Submitted by: The Honorable Andy Fugate, Oklahoma House of Representatives, District 94
Question Submitted by: The Honorable Andy Fugate, Oklahoma House of Representatives, District 94
2026 OK AG 7
Decided: 05/08/2026
ATTORNEY GENERAL OPINION
Cite as: 2026 OK AG 7, __ P.3d __
¶0 This office has received your request for an Attorney General Opinion in which you ask, in effect, the following questions:
1. Is the Board of Investors ("Board") of the Tobacco Settlement Endowment Trust ("TSET") Fund required to follow the prudent investor rule?
2. Does the Board have the…
2Cases cited5 opinions
- In Re Citigroup Inc. Shareholder Derivative LitigationCourt of Chancery of Delaware · 2009
- Multiple Injury Trust Fund v. WadeSupreme Court of Oklahoma · 2008
- First National Bank of Wichita Falls in Wichita Falls v. StricklinSupreme Court of Oklahoma · 1959
- DON KEENAN v. TODD RUSS, in his capacity as the Treasurer of the State of OklahomaSupreme Court of Oklahoma · 2026
- TOBACCO SETTLEMENT ENDOWMENT TRUST FUND v. STITTSupreme Court of Oklahoma · 2026