(b) The State Regents' office is the administrative headquarters of the Oklahoma State Regents for Higher Education, the coordinating board of control of The Oklahoma State System of Higher Education, and its functions are:

1. (1) To execute State Regents' policies and programs.
2. (2) To gather information about the State System for State Regents' review and consideration relative to policymaking.
3. (3) To provide coordinating leadership at the state level in the general operation of the State System.