Okla. Stat. tit. 70, § 70-23-106

The Authority is hereby authorized and empowered:

1. To accept, assume and control the television channels

assigned by the Federal Communications Commission to the State of

Oklahoma for educational purposes;

2. To adopt bylaws for the regulation of its affairs and the

conduct of its business;

3. To adopt an official seal and alter the same at pleasure;

4. To maintain an office at such place or places within the

state as it may designate;

5. To sue and be sued in its own name, plead and be impleaded;

provided, however, that any and all actions, at law or in equity,

against the Authority shall be brought in the county in which the

principal office of the Authority shall be located, or in the county

of the residence of the plaintiff, or in the county where the cause

of action arose;

6. To construct, maintain, repair and operate television

facilities which with their access connections are designated

Oklahoma Statutes - Title 70. Schools Page 901

ultimately to extend to and include all sections and areas of the

State of Oklahoma;

7. To issue revenue bonds of the Authority, payable solely from

dedicated revenues, for the purpose of paying all or any part of the

cost of needed facilities;

8. To fix and revise from time to time any necessary charges

for the use of any facilities;

9. To pay for the annual cost of the operation, maintenance and

repair of such facilities;

10. To pay as and when due the principal and interest on the

revenue certificates or bonds issued to pay for such facilities;

11. To accumulate and maintain such reserves as are provided

for in the resolution or trust indenture under which such bonds are

issued or secured;

12. To acquire, hold, or dispose of real and personal property

in the exercise of its powers and the performance of its duties

under this act;

13. To acquire in the name of the Authority by purchase or

otherwise, on such terms and conditions and in such manner as it may

deem proper, or by the exercise of the right of condemnation in

manner hereinafter provided, such public or private lands, rights-

of-way, property, rights, easements, and interests, as it may deem

necessary for carrying out the provisions of this article; and it is

the intent of the Legislature that all public property damaged in

carrying out the powers granted by this article shall be restored or

repaired and placed in its original condition as nearly as

practicable;

14. To designate, except as is provided for herein, the

locations; and to establish, limit and control such points of

ingress to and egress from each facility as may be necessary or

desirable in the judgment of the Authority to insure the proper

operation and maintenance of such facility;

15. To make and enter into all contracts and agreements

necessary or incidental to the performance of its duties and the

execution of its powers under this article, and to employ consulting

engineers, attorneys, accountants, construction and financial

experts, superintendents, managers, and such other employees and

agents as may be necessary in its judgment, and to fix their

compensation;

16. To receive appropriations from the State Legislature and

accept from any federal agency grants for or in aid of the

construction and operation of any project; provided, the acceptance

of such grants or appropriations will not reduce the amount of

federal aid for other education in this state; and to receive and

accept aid or contributions from any source of either money,

property, labor, or other things of value;

Oklahoma Statutes - Title 70. Schools Page 902

17. To do any and all things necessary to comply with rules,

regulations, or requirements of the Federal Communications

Commission or any other federal agency administering any law enacted

by the Congress of the United States to aid or encourage education;

18. To do all things necessary or convenient to carry out the

powers expressly granted in this article.
utes - Title 70. Schools Page 902

17. To do any and all things necessary to comply with rules,

regulations, or requirements of the Federal Communications

Commission or any other federal agency administering any law enacted

by the Congress of the United States to aid or encourage education;

18. To do all things necessary or convenient to carry out the

powers expressly granted in this article.

It shall be unlawful for any member, officer, or employee of the

Authority to transact with the Authority, either directly or

indirectly, any business for profit of such member, officer, or

employee; and any person, firm or corporation knowingly

participating therein shall be equally liable for violation of this

provision.

The term “business for profit” shall include, but not be limited

to, the acceptance or payment of any fee, commission, gift or

consideration to such member, officer or employee.

Any person found guilty of violating any of the provisions of

this section shall be guilty of a Class D1 felony offense, and shall

be punishable by a fine of not less than Five Hundred Dollars

($500.00), and not more than Five Thousand Dollars ($5,000.00), or

by imprisonment as provided for in subsections B through F of

Section 20N of Title 21 of the Oklahoma Statutes, or by both such

fine and imprisonment.