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

Okla. Stat. tit. 3, § 3-520: Powers and duties of board

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Where this section sits in the code
  1. OK Code
  2. Title 3

The powers and duties of the Oklahoma Space Industry Development

Authority to carry out the provisions of the Oklahoma Space Industry

Development Act shall be exercised by and through the Board of

Directors. Without limiting the generality of the foregoing, the

Board shall have the power and authority to:

1. Adopt, amend, and repeal rules to carry out the purposes of

the Oklahoma Space Industry Development Act;

2. Execute all contracts and other documents necessary or

desirable to carry out the purposes of the Oklahoma Space Industry

Development Act; provided, the Board may authorize one or more

members of the Board to execute contracts and other documents on

behalf of the Board or the Authority;

3. Hire employees;

4. Contract for the services of attorneys, underwriters or

other financial professionals for the purpose of issuing and

marketing the obligations of the Authority, notwithstanding the

provisions of Section 18c of this title;

5. Engage in the planning for spaceports and the spaceport

system;

6. Execute intergovernmental agreements as provided by law;

7. Establish reserve funds for future Board operations;

8. Enter into agreements for the joint development of

properties necessary or convenient for, the operation of spaceports

and the spaceport system; and

9. Prepare an annual report of operations.

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

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