Okla. Stat. tit. 82, § 82-1121
This is the official text of Okla. Stat. tit. 82, § 82-1121, part of Oklahoma’s Stat. tit. 82, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 82,." Browse the sections below, each linked to its official government source.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Authorization for port authority to borrow money and
Official statutory text
issue bonds.
For the purpose of paying all or any part of the cost of
acquiring land or interests therein, and the cost of constructing,
acquiring, equipping, and furnishing buildings, structures, plants,
docks, wharves, warehouses, piers and other port, terminal and
transportation facilities, or any part thereof; including
additions, improvements, relocations, renovations, extensions and
modifications thereof, (all of which as are included in single
project are hereafter referred to in this act as "facility or
facilities"), a port authority created pursuant to 82 O.S.1961,
Section 1102, is authorized to borrow money upon credit of the
income and revenues to be derived from the operation of such
facilities, together with any other available income and revenues
from other revenue-producing facilities of such port authority, and
to issue negotiable bonds of such port authority in such amount as
the board of directors of the port authority shall deem necessary
for the purpose; and to provide for payment of such bonds and
rights of holders thereof as herein provided.
For the purpose of paying all or any part of the cost of
acquiring land or interests therein, and the cost of constructing,
acquiring, equipping, and furnishing buildings, structures, plants,
docks, wharves, warehouses, piers and other port, terminal and
transportation facilities, or any part thereof; including
additions, improvements, relocations, renovations, extensions and
modifications thereof, (all of which as are included in single
project are hereafter referred to in this act as "facility or
facilities"), a port authority created pursuant to 82 O.S.1961,
Section 1102, is authorized to borrow money upon credit of the
income and revenues to be derived from the operation of such
facilities, together with any other available income and revenues
from other revenue-producing facilities of such port authority, and
to issue negotiable bonds of such port authority in such amount as
the board of directors of the port authority shall deem necessary
for the purpose; and to provide for payment of such bonds and
rights of holders thereof as herein provided.
Status: in_force · Read it on the official government site
Need a lawyer in Oklahoma?
Find a Oklahoma lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.