Okla. Stat. tit. 73, § 73-15.4

This is the official text of Okla. Stat. tit. 73, § 73-15.4, part of Oklahoma’s Stat. tit. 73, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 73,." Browse the sections below, each linked to its official government source.

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Friends of the Capitol – Not-for-profit corporation

Official statutory text

A. There is hereby authorized the creation of a not-for-profit

corporation to be known as "Friends of the Capitol" to raise funds

and to assist in the preservation and enhancement of the Oklahoma

Capitol and surrounding areas as defined in Section 1 of this title.

B. The board of directors of the corporation authorized in

subsection A of this section shall choose its own chairperson.

C. After proper incorporation, the not-for-profit corporation

is authorized and directed to apply for tax-exempt status under

Section 501(c)(3) of the Internal Revenue Code (26 U.S.C., Section

501(c)(3)).

D. In addition to funds received from the general public or

other public and private sources, the not-for-profit corporation may

receive funds from state agencies at such times and in such amounts

as may be appropriated by the Legislature for the Oklahoma Capitol

or made available to the corporation from state agencies from their

sources of revenue.

E. Costs to underwrite activities related to the preservation

and enhancement of the Oklahoma Capitol may be borne from revenues

of the not-for-profit corporation.

F. Upon the incorporation, the not-for-profit corporation shall

be authorized to hire staff and name advisory groups or steering

committees as necessary to assist in the preservation and

enhancement of the Oklahoma Capitol.

G. The corporation shall coordinate preservation and

enhancement projects in conjunction with and the consent of the

Capitol Preservation Commission and the Office of Management and

Enterprise Services.

Status: in_force · Read it on the official government site

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