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Okla. Stat. tit. 53, § 53-5.2b

This is the official text of Okla. Stat. tit. 53, § 53-5.2b, 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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Authorization to transfer ownership of historic

Official statutory text

properties

The Oklahoma Historical Society is hereby authorized to transfer

ownership of historic properties, both real and tangible, to

appropriate organizations or groups who agree to maintain the

properties in the best interest of historic preservation and who pay

fair market value for such property. Notwithstanding Section 5.2a

of Title 53 of the Oklahoma Statutes, when property by the Society

is declared surplus, or is determined to be beyond the means of the

Society to maintain properly, the Society shall first offer the

property for sale at fair market value to the original donor, even

if a reversionary clause is not included in the gift agreement. If

a donor cannot be identified, the property may be offered for sale

at fair market value to an appropriate not-for-profit organization

or a federally recognized Indian tribe that agrees to maintain the

property through a formal written contract which provides for

compensation, and may include in-kind, in the form of maintenance

and preservation agreements. The process for the sale and transfer

of title shall originate with the Oklahoma Historical Society Board

of Directors. The authorization to sell this property pursuant to

this section shall be exempt from the Oklahoma Surplus Property Act

as well as Sections 327 and 327.1 of Title 61 of the Oklahoma

Statutes.

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.