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Oklahoma · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Okla. Stat. tit. 11, § 11-40-115: Eminent domain - Lien foreclosure

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Where this section sits in the code
  1. OK Code
  2. Title 11

A. A redevelopment trust shall have the right to acquire by the

exercise of the power of eminent domain any real property in fee

simple or other estate which is necessary to accomplish the purposes

of this act, when so approved by the governing body.

B. A redevelopment trust may exercise the power of eminent

domain in the manner provided in Sections 9 through 14 of Title 27

of the Oklahoma Statutes; or it may exercise the power of eminent

domain in the manner provided by any other applicable statutory

provision for the exercise of the power of eminent domain. Property

already devoted to a public use may be acquired in like manner,

provided that no real property belonging to any city, county, public

trust or the state or any political subdivision thereof may be

acquired without its consent.

C. In the event of the sale or other disposition of real

property of any redevelopment trust by reason of the foreclosure of

any mortgage or other lien, through insolvency or bankruptcy

proceedings, by order of any court of competent jurisdiction, by

voluntary transfer or otherwise, the purchaser of such real property

of such redevelopment trust shall continue to use, operate and

maintain such real property in accordance with the provisions of any

project plan.

Collected 2026-09-14T18:32:36Z. Source file · JSON

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