Okla. Stat. tit. 53, § 53-169.1: Irrevocable endowment for nonconforming collection

items.

The Oklahoma Arts Council may, at its discretion, contract with

other state agencies and/or nonprofit organizations to create an

irrevocable endowment with associated management and administration

costs to trade, sell or barter donated and deaccessioned collection

items that do not conform to collection policies of the Oklahoma

Arts Council. In accordance with the code of ethics established by

professional museum management associations, proceeds from the

endowment shall be used only for the acquisition, conservation or

care of collections that are owned and controlled by the Oklahoma

Arts Council.