Okla. Stat. tit. 17, § 17-158.55: Domestic public utility - Filing application for

approval - Exemption.

If the acquiring party is a domestic public utility, and the

rural electric cooperative, control of which is sought to be

acquired in a transaction described in Section 2 of this act which

would require the filing of a statement pursuant to Section 2 of

this act, is subject to the jurisdiction of the Commission, an

application for approval containing such information as the

Commission may prescribe by rule or regulation adopted pursuant to

this act, shall be filed with and heard by the Commission after such

notice as the Commission may prescribe, and the transaction approved

or disapproved based upon the factors enumerated in paragraphs 1

through 5 of subsection A of Section 4 of this act, subject to

judicial review as provided in Section 11 of this act, but the other

provisions of this act shall not apply to such transaction. This

act shall not apply to mergers or consolidations of rural electric

cooperatives governed by Section 437.13 or 437.14 of Title 18 of the

Oklahoma Statutes.