Okla. Stat. tit. 6, § 6-1207
This is the official text of Okla. Stat. tit. 6, § 6-1207, part of Oklahoma’s Stat. tit. 6, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 6,." Browse the sections below, each linked to its official government source.
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Transfer or conveyance of title to mineral interests or
Official statutory text
leases.
The Commissioner shall have authority to transfer or convey
title to any mineral interests or mineral leases the Department or
the Commissioner acquired prior to the effective date of this act,
from a state-chartered bank or trust company not insured by the
Federal Deposit Insurance Corporation for which the Department or
Commissioner served as receiver or liquidator. The Commissioner
shall only transfer or convey title to the mineral interests or
mineral leases to the Department of Central Services by quitclaim
deed in accordance with applicable state law.
The Commissioner shall have authority to transfer or convey
title to any mineral interests or mineral leases the Department or
the Commissioner acquired prior to the effective date of this act,
from a state-chartered bank or trust company not insured by the
Federal Deposit Insurance Corporation for which the Department or
Commissioner served as receiver or liquidator. The Commissioner
shall only transfer or convey title to the mineral interests or
mineral leases to the Department of Central Services by quitclaim
deed in accordance with applicable state law.
Status: in_force · Read it on the official government site
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