{"data":{"id":"us-ok/okla.-stat.-tit.-11-11-38-118","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 11, § 11-38-118","heading":"Personal interest of public officials or employees in","body":"project or property.\n\nNo public official or employee of a municipality (or Board or\n\nCommission thereof), and no Commissioner or employee of an Urban\n\nRenewal Authority which has been vested by a municipality with urban\n\nrenewal project powers under this article, shall voluntarily acquire\n\nany personal interest, direct or indirect, in any urban renewal\n\nproject, or in any property that is to be acquired or developed with\n\npublic finance assistance and that is included or planned to be\n\nincluded in any urban renewal project of such municipality or in any\n\ncontract or proposed contract in connection with such urban renewal\n\nproject. Where such acquisition is not voluntary, the interest\n\nacquired shall be immediately disclosed in writing to the municipal\n\ngoverning body. If such official, Commissioner or employee\n\npresently owns or controls, or owned or controlled within the\n\npreceding two (2) years, any interest, direct or indirect, in any\n\nproperty which he knows is included or planned to be included in an\n\nurban renewal project, he shall immediately disclose this fact in\n\nwriting to the municipal governing body, and any such officials,\n\nCommissioner or employee shall not participate in any action by the\n\nmunicipality (or Board or Commission thereof), or Urban Renewal\n\nAuthority affecting such property. This section shall not preclude\n\nacquisition of a residence, acquisition of any property after\n\nissuance of a certificate of completion, or agreement to redevelop\n\nin accordance with the objectives of such urban renewal project,\n\nprovided such official, Commissioner, or employee discloses any\n\nactual or prospective interest and does not participate in any\n\nofficial action approving such agreement. The disclosure required\n\nto be made by this section to the municipal governing body shall\n\nconcurrently be made to the Urban Renewal Authority which has been\n\nvested with urban renewal project powers by the municipality\n\npursuant to the provisions of this article. No Commissioner or\n\nother officer of any Urban Renewal Authority, Board or Commission\n\nexercising the powers pursuant to this article shall hold any other\n\npublic office under the municipality other than his commissionership\n\nor office with respect to such Urban Renewal Authority.","path":["OK Code","Title 11"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os11.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"64bac9814e8e753e0e16f49a1d9998e68dca36aa2dc579ee936a7da7d66faebd","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-11-11-38-117","next":"us-ok/okla.-stat.-tit.-11-11-38-119"},"notice":"GroundRules: Original legal text. Not legal advice."}