{"data":{"id":"us-ok/okla.-stat.-tit.-11-11-40-115","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 11, § 11-40-115","heading":"Eminent domain - Lien foreclosure","body":"A. A redevelopment trust shall have the right to acquire by the\n\nexercise of the power of eminent domain any real property in fee\n\nsimple or other estate which is necessary to accomplish the purposes\n\nof this act, when so approved by the governing body.\n\nB. A redevelopment trust may exercise the power of eminent\n\ndomain in the manner provided in Sections 9 through 14 of Title 27\n\nof the Oklahoma Statutes; or it may exercise the power of eminent\n\ndomain in the manner provided by any other applicable statutory\n\nprovision for the exercise of the power of eminent domain. Property\n\nalready devoted to a public use may be acquired in like manner,\n\nprovided that no real property belonging to any city, county, public\n\ntrust or the state or any political subdivision thereof may be\n\nacquired without its consent.\n\nC. In the event of the sale or other disposition of real\n\nproperty of any redevelopment trust by reason of the foreclosure of\n\nany mortgage or other lien, through insolvency or bankruptcy\n\nproceedings, by order of any court of competent jurisdiction, by\n\nvoluntary transfer or otherwise, the purchaser of such real property\n\nof such redevelopment trust shall continue to use, operate and\n\nmaintain such real property in accordance with the provisions of any\n\nproject plan.","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":"ad3a20c5fd1aed3cd546320e79af37cf2c9dfd50b996b8dbbb002a6157afd023","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-11-11-40-113","next":"us-ok/okla.-stat.-tit.-11-11-41-101"},"notice":"GroundRules: Original legal text. Not legal advice."}