Okla. Stat. tit. 53, § 53-169.1
This is the official text of Okla. Stat. tit. 53, § 53-169.1, part of Oklahoma’s Stat. tit. 53, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 53,." Browse the sections below, each linked to its official government source.
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Irrevocable endowment for nonconforming collection
Official statutory text
items.
The Oklahoma Arts Council may, at its discretion, contract with
other state agencies and/or nonprofit organizations to create an
irrevocable endowment with associated management and administration
costs to trade, sell or barter donated and deaccessioned collection
items that do not conform to collection policies of the Oklahoma
Arts Council. In accordance with the code of ethics established by
professional museum management associations, proceeds from the
endowment shall be used only for the acquisition, conservation or
care of collections that are owned and controlled by the Oklahoma
Arts Council.
The Oklahoma Arts Council may, at its discretion, contract with
other state agencies and/or nonprofit organizations to create an
irrevocable endowment with associated management and administration
costs to trade, sell or barter donated and deaccessioned collection
items that do not conform to collection policies of the Oklahoma
Arts Council. In accordance with the code of ethics established by
professional museum management associations, proceeds from the
endowment shall be used only for the acquisition, conservation or
care of collections that are owned and controlled by the Oklahoma
Arts Council.
Status: in_force · Read it on the official government site
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