Okla. Stat. tit. 70, § 70-1210.41: Motor vehicles - Lease or loan agreements - Training

or maintenance programs.

Any person, company, corporation, partnership, copartnership,

trust or other business entity desiring to do so may enter into a

written lease or loan agreement with the board of education of any

technology center school or technology center school district

covering the lease or loan to such board of education of any motor

vehicle for use by such technology center school or technology

center school district in connection with any training or

maintenance or other similar educational program, or in

administering any such program, operated by or under the direction

of such board of education. Such written agreement shall specify

the monetary consideration therefor, if any; shall provide that

ownership of such motor vehicle shall remain in the person or

business entity so furnishing same to the board of education; shall

state the make, model, equipment attached, year of manufacture and

manufacturer's delivery price of said motor vehicle; and the

duration of the term of such lease or loan agreement. Such written

agreements shall provide that upon expiration of the term set out in

the agreement said motor vehicle shall be returned to the owner

thereof. Such agreements shall be executed by the board of

education, or an administrative officer in behalf thereof, and the

owner of such motor vehicle.