The University of Oviedo Foundation (FUO) is regulated by the will of its founders, expressed in its founding charter, by its Statutes and the rulings and agreements adopted by its governing bodies to better bring about the achievement of its goals, without any other limitation than those of a general and compulsory character established in the regulations governing the body at any given time.

The FUO Statutes have been registered in the Principality of Asturias Registry of Teaching and Cultural Foundations of General Interest.