Okla. Stat. tit. 17, § 17-292: Rights of electric transmission owner

A. An incumbent electric transmission owner has the right to

construct, own and maintain a local electric transmission facility

that has been approved for construction in a Southwest Power Pool

transmission plan and will interconnect to facilities owned by that

incumbent electric transmission owner. An incumbent electric

transmission owner has the right to construct, own and maintain:

1. A new local electric transmission facility that connects to

electric transmission facilities owned by the incumbent; and

2. Upgrades to the existing local electric transmission

facilities of the incumbent.

B. The right to construct, own and maintain a local electric

transmission facility that will interconnect to facilities owned by

two or more incumbent electric transmission owners belongs

individually and equally to each incumbent electric transmission

owner, unless otherwise agreed upon in writing by the incumbent

electric transmission owners.

C. Nothing in this section is intended to affect an incumbent

electric transmission owner’s use and control of its existing

property rights including the incumbent electric transmission

owner’s ability to assign its rights to construct, own and maintain

a local electric transmission facility described in subsection A of

this section. The retention, modification or transfer of existing

property rights of an incumbent electric transmission owner and the

rights described in subsection A of this section shall remain

subject to the relevant state law or regulation recognizing the

property right.