§ 15-14. Retirement pay for employees of Agricultural Fair Corporations
Oklahoma Statutes AnnotatedTitle 2. Agriculture
2 Okl.St.Ann. § 15-14
§ 15-14. Retirement pay for employees of Agricultural Fair Corporations
The Board of Directors of any nonprofit Agricultural Fair Corporation organized under the laws of the State of Oklahoma may establish a retirement pay plan for any of its employees faithfully performing his or her duties for a period of more than thirty (30) years. The payments shall be considered a part of current operating expenses of the corporation and the amount of the payments and methods of making the payments shall be determined from year to year by the Board of Directors as they may see fit.
Credits
Laws 1949, p. 5, § 1. Renumbered from Title 2, § 45 and amended by Laws 2001, c. 146, §§ 159, 267, emerg. eff. April 30, 2001.
2 Okl. St. Ann. § 15-14, OK ST T. 2 § 15-14
Current with emergency effective legislation through Chapter 295 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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