Okla. Stat. tit. 2, § 2-4020

This is the official text of Okla. Stat. tit. 2, § 2-4020, part of Oklahoma’s Stat. tit. 2, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 2,." Browse the sections below, each linked to its official government source.

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Approval required by Contingency Review Board for proposed

Official statutory text

lease and operations agreements.

A. Contingent upon the creation of the Oklahoma State

University Veterinary Medical Trust as provided in Section 20 of

this act, the Trust, prior to acceptance, shall submit to the

Contingency Review Board for review the proposed agreement regarding

the lease and operations of any animal hospital or hospitals owned

by the Oklahoma State University Veterinary Medicine Authority to

any entity authorized to transact business in the state and an

independent statement as to the fairness of said proposed agreement

for the State of Oklahoma. The Contingency Review Board shall upon

receipt of the proposed agreement meet within fifteen (15) business

days to review the proposed agreement; and unless the Contingency

Review Board disapproves the proposed agreement, the agreement may

be executed but no lease of the animal hospital or hospitals shall

become effective until after Supreme Court approval pursuant to

subsection B of this section.

B. 1. If a proposed agreement is not disapproved by the

Contingency Review Board pursuant to subsection A of this section,

the Oklahoma State University Veterinary Medicine Authority and

Oklahoma State University Veterinary Medical Trust, within thirty

(30) calendar days after the time for Contingency Review Board

action has expired, may file a petition with the Supreme Court of

Oklahoma for a declaratory judgment determining the validity of the

proposed agreement. The review of the Court shall be based upon the

exercise of any of the powers, rights, privileges, and functions

conferred upon the Authority or the Oklahoma State University

Veterinary Medical Trust, as applicable, under the Oklahoma State

University Veterinary Medicine Authority Act and Oklahoma Statutes.

Oklahoma Statutes - Title 2. Agriculture Page 790

Exclusive original jurisdiction is conferred upon the Supreme Court

to hear and determine such petitions. The Supreme Court shall give

such petitions precedence over other business of the Court except

habeas corpus proceedings.

2. Notice of the hearing of such a petition shall be given by a

notice published in a newspaper of general circulation in this state

that on a day specified the Supreme Court will hear the petition to

approve the proposed agreement and enter a declaratory judgment.

The notice shall be published one time not less than ten (10) days

prior to the date specified for the hearing. The notice shall

inform property owners, taxpayers, citizens and all persons having

or claiming any right, title, or interest in the proposed agreement

or properties or funds to be affected by the implementation of the

proposed agreement, or affected in any way thereby, that they may

file protests against the approval of the proposed agreement, and be

present at the hearing to contest the legality of the proposed

agreement. The hearing may be adjourned from time to time at the

discretion of the Court.

3. If the Court is satisfied that the proposed agreement is in

accordance with the Oklahoma State University Veterinary Medicine

Authority Act and Oklahoma Statutes, the Court shall enter a

declaratory judgment approving and declaring the proposed agreement

to be valid and conclusive as to the Authority, the Trust, and all

other parties to the proposed agreement; and, upon petition of the

Authority, shall issue an order permanently enjoining all persons

described in the notice required by this subsection from thereafter

instituting any action or proceeding contesting the validity of the

proposed agreement. A declaratory judgment rendered pursuant to

this subsection shall have force and effect of a final judgment or

decree and shall be incontestable in any court in this state.

4. As used in the Oklahoma State University Veterinary Medicine

Authority Act, "proposed agreement" means one or more contracts

regarding the lease and operations of any animal hospital or
idity of the

proposed agreement. A declaratory judgment rendered pursuant to

this subsection shall have force and effect of a final judgment or

decree and shall be incontestable in any court in this state.

4. As used in the Oklahoma State University Veterinary Medicine

Authority Act, "proposed agreement" means one or more contracts

regarding the lease and operations of any animal hospital or

hospitals owned by the Oklahoma State University Veterinary Medicine

Authority and all other agreements contemplated by or referred to in

the contract regarding such lease and operations.

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.