Okla. Stat. tit. 69, § 69-3001
This is the official text of Okla. Stat. tit. 69, § 69-3001, part of Oklahoma’s Stat. tit. 69, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 69,." Browse the sections below, each linked to its official government source.
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Authorization to construct toll expressways by means of
Official statutory text
public trusts.
Any county or combination of cities, counties or towns, by
resolution of their governing boards, may jointly create a public
trust for the purpose of planning, financing, constructing,
maintaining and operating a toll expressway upon the locations now
or hereafter authorized by Section 1705 of Title 69, Oklahoma
Statutes, and the state, or any county, municipality, political or
governmental subdivision or governmental agency of the state or any
combination thereof may be the beneficiary of such trust; provided
that no funds of said beneficiary derived from sources other than
the trust property, or the operation thereof, shall be charged with
or expended for the execution of said trust, except by express
action of the legislative authority of the beneficiary first had.
The officers or any other governmental agencies or authorities
having the custody, management or control of any property, real or
personal or both, of the beneficiary of such trust, or of such a
proposed trust, which property shall be needful for the execution of
the trust purposes, hereby are authorized and empowered to lease
such property for said purposes, after the acceptance of the
beneficial interest therein by the beneficiary as hereafter
provided, or conditioned upon such acceptance.
Any county or combination of cities, counties or towns, by
resolution of their governing boards, may jointly create a public
trust for the purpose of planning, financing, constructing,
maintaining and operating a toll expressway upon the locations now
or hereafter authorized by Section 1705 of Title 69, Oklahoma
Statutes, and the state, or any county, municipality, political or
governmental subdivision or governmental agency of the state or any
combination thereof may be the beneficiary of such trust; provided
that no funds of said beneficiary derived from sources other than
the trust property, or the operation thereof, shall be charged with
or expended for the execution of said trust, except by express
action of the legislative authority of the beneficiary first had.
The officers or any other governmental agencies or authorities
having the custody, management or control of any property, real or
personal or both, of the beneficiary of such trust, or of such a
proposed trust, which property shall be needful for the execution of
the trust purposes, hereby are authorized and empowered to lease
such property for said purposes, after the acceptance of the
beneficial interest therein by the beneficiary as hereafter
provided, or conditioned upon such acceptance.
Status: in_force · Read it on the official government site
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