Okla. Stat. tit. 68, § 68-4311
This is the official text of Okla. Stat. tit. 68, § 68-4311, part of Oklahoma’s Stat. tit. 68, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 68,." Browse the sections below, each linked to its official government source.
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Contract, memorandum of understanding, other agreement -
Official statutory text
Subsequent unenforceability of act.
A. A county, city or town that enters into any contract,
memorandum of understanding or other agreement with a person or
lawfully recognized business entity while the Oklahoma Quality
Events Incentive Act is in force and effect and in reliance upon the
provisions of the Oklahoma Quality Events Incentive Act shall
Oklahoma Statutes - Title 68. Revenue and Taxation Page 1497
receive the payments provided by this act even if the Oklahoma
Quality Events Incentive Act ceases to have the force and effect of
law at any time subsequent to the execution of such contract,
memorandum of understanding or agreement, including any amendments
to such documents if the amendments are incorporated and adopted
while the Oklahoma Quality Events Incentive Act is in force and
effect.
B. Any person or lawfully recognized business entity that
enters into a contract, memorandum of understanding or other
agreement with another person or lawfully recognized business entity
while the Oklahoma Quality Events Incentive Act is in force and
effect and in reliance upon the provisions of the Oklahoma Quality
Events Incentive Act shall have the right to enforce the terms of
such contract, memorandum of understanding or agreement with respect
to any amount payable pursuant to the terms of the Oklahoma Quality
Events Incentive Act as of the date upon which such contract,
memorandum of understanding or agreement is executed, including any
amendments to such documents if the amendments are incorporated and
adopted while the Oklahoma Quality Events Incentive Act is in force
and effect.
A. A county, city or town that enters into any contract,
memorandum of understanding or other agreement with a person or
lawfully recognized business entity while the Oklahoma Quality
Events Incentive Act is in force and effect and in reliance upon the
provisions of the Oklahoma Quality Events Incentive Act shall
Oklahoma Statutes - Title 68. Revenue and Taxation Page 1497
receive the payments provided by this act even if the Oklahoma
Quality Events Incentive Act ceases to have the force and effect of
law at any time subsequent to the execution of such contract,
memorandum of understanding or agreement, including any amendments
to such documents if the amendments are incorporated and adopted
while the Oklahoma Quality Events Incentive Act is in force and
effect.
B. Any person or lawfully recognized business entity that
enters into a contract, memorandum of understanding or other
agreement with another person or lawfully recognized business entity
while the Oklahoma Quality Events Incentive Act is in force and
effect and in reliance upon the provisions of the Oklahoma Quality
Events Incentive Act shall have the right to enforce the terms of
such contract, memorandum of understanding or agreement with respect
to any amount payable pursuant to the terms of the Oklahoma Quality
Events Incentive Act as of the date upon which such contract,
memorandum of understanding or agreement is executed, including any
amendments to such documents if the amendments are incorporated and
adopted while the Oklahoma Quality Events Incentive Act is in force
and effect.
Status: in_force · Read it on the official government site
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