Okla. Stat. tit. 11, § 11-35-201
This is the official text of Okla. Stat. tit. 11, § 11-35-201, part of Oklahoma’s Stat. tit. 11, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 11,." Browse the sections below, each linked to its official government source.
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Sale or lease of municipally owned public utility -
Official statutory text
Applicability - Charters.
The provisions of this section through Section 35-205 of this
title relating to the procedure for selling or leasing municipally
owned public utilities shall apply when the municipally owned public
utility is to be sold or leased in its entirety and its fair market
value exceeds Ten Thousand Dollars ($10,000.00). The provisions of
this section through Section 35-205 of this title shall not apply to
any sale of property of a municipality to the state or any agency or
county thereof or any sale or lease to a public trust of which the
municipality is the sole beneficiary. Any municipality governed by
charter, when authorized by said charter, may sell, convey, or lease
any public utility owned by the municipality without conducting an
election as provided for in Section 35-203 of this title. For
purposes of this section through Section 35-205 of this title,
"public utility" shall be interchangeable with "public utilities,
works and ways" and shall include municipally owned parks, lakes and
recreation areas.
The provisions of this section through Section 35-205 of this
title relating to the procedure for selling or leasing municipally
owned public utilities shall apply when the municipally owned public
utility is to be sold or leased in its entirety and its fair market
value exceeds Ten Thousand Dollars ($10,000.00). The provisions of
this section through Section 35-205 of this title shall not apply to
any sale of property of a municipality to the state or any agency or
county thereof or any sale or lease to a public trust of which the
municipality is the sole beneficiary. Any municipality governed by
charter, when authorized by said charter, may sell, convey, or lease
any public utility owned by the municipality without conducting an
election as provided for in Section 35-203 of this title. For
purposes of this section through Section 35-205 of this title,
"public utility" shall be interchangeable with "public utilities,
works and ways" and shall include municipally owned parks, lakes and
recreation areas.
Status: in_force · Read it on the official government site
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