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§ 1051. Failure to pay bid--Reimbursement of lessee

Oklahoma Statutes AnnotatedTitle 64. Public Lands

Oklahoma Statutes Annotated
Title 64. Public Lands (Refs & Annos)
Chapter 11. Commissioners of the Land Office Modernization Act
64 Okl.St.Ann. § 1051
§ 1051. Failure to pay bid--Reimbursement of lessee
If any lessee of public lands of this state having preference right to purchase fails or refuses to pay the highest bona fide bid, the lessee shall be entitled to be reimbursed for the improvements placed on the preference right lease by the lessee at a value fixed by the appraisers selected by the Commissioners of the Land Office to appraise the same and shall surrender possession of the lease immediately following the sale of the land and payment for improvements.

Credits

Laws 1933, c. 192, p. 422, § 4. Renumbered from Title 64, § 224 and amended by Laws 2010, c. 41, §§ 34, 103, emerg. eff. April 2, 2010.
64 Okl. St. Ann. § 1051, OK ST T. 64 § 1051
Current with emergency effective legislation through Chapter 3 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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