Okla. Stat. tit. 69, § 69-3002
This is the official text of Okla. Stat. tit. 69, § 69-3002, 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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Power of condemnation
Official statutory text
A public trust created under the terms of this act shall have
the power to condemn property in like manner as railroad companies
for purposes consistent with the intent of this act. Provided that
before any action for condemnation shall be instituted by such
public trust, there shall have been a contract entered into for the
construction of the toll expressway and a performance bond shall
have been posted with the trustees in an amount equal to the
estimated cost of labor and materials, and the trustees shall
investigate and be assured on reasonable evidence that the
contractor or such other party who is to participate in all or a
portion of the cost of acquiring rights-of-way is financially able
and has committed in writing to the payment for a portion or all of
the estimated cost of acquisition of necessary rights-of-way.
the power to condemn property in like manner as railroad companies
for purposes consistent with the intent of this act. Provided that
before any action for condemnation shall be instituted by such
public trust, there shall have been a contract entered into for the
construction of the toll expressway and a performance bond shall
have been posted with the trustees in an amount equal to the
estimated cost of labor and materials, and the trustees shall
investigate and be assured on reasonable evidence that the
contractor or such other party who is to participate in all or a
portion of the cost of acquiring rights-of-way is financially able
and has committed in writing to the payment for a portion or all of
the estimated cost of acquisition of necessary rights-of-way.
Status: in_force · Read it on the official government site
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