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

Okla. Stat. tit. 40, § 40-4-316: Purchase of real property

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  1. OK Code
  2. Title 40

PURCHASE OF REAL PROPERTY. If the Commission determines, to its

satisfaction, that suitable quarters, office space or facilities are

not readily obtainable, the Commission may enter into an agreement

with the board of county commissioners of any county, with any state

agency or public trust, or with any private person or entity, for

the purchase of real property and any improvements or buildings

thereon, for the purpose of providing office space to the

Commission. The Commission shall not enter into any agreement under

the provisions of this section unless one hundred percent (100%)

federal financial participation is obtainable. All such agreements

shall contain provisions regarding the financial participation

therein by the parties to the agreement, the payments made for the

purchase of such property, and the ownership of such real property,

improvements and buildings thereon after payment of the cost of

construction or renovation has been completed. All such provisions

shall be consistent with the requirements necessary for the

Commission to obtain or receive federal funds for such purpose. No

purchase of any building shall occur without approval of the

Legislature.

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

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