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

Okla. Stat. tit. 82, § 82-1113: Budget - Disposition of rents and charges

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Where this section sits in the code
  1. OK Code
  2. Title 82

(a) The board of directors of a port authority created in

accordance with Section 2 of this Act shall annually prepare a

budget for the port authority.

(b) Rents and charges received by the port authority shall be

used for the general expenses of the port authority and to pay

interest, amortization, and retirement charges on money borrowed. If

there remains, at the end of any calendar year, any surplus of such

funds after providing for the above uses, the board of directors may

pay such surplus into the general funds of the political

subdivisions creating and comprising the port authority in

proportion to the taxable value of all property within the port

authority which shall be listed on the general tax lists for the

respective subdivisions.

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

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