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§ 5060.10. Commercial application of results of research as condition of assistance

Oklahoma Statutes AnnotatedTitle 74. State Government

Oklahoma Statutes Annotated
Title 74. State Government (Refs & Annos)
Chapter 70. Department of Commerce (Refs & Annos)
Oklahoma Science and Technology Research and Development Act
74 Okl.St.Ann. § 5060.10
§ 5060.10. Commercial application of results of research as condition of assistance
The Oklahoma Center for the Advancement of Science and Technology shall require as a condition to any form of financial or other assistance authorized by this act1 before such assistance is provided to any person, firm, business enterprise or corporation that any patent, license, copyright, goods, services, proprietary processes or other results of research that result in a commercial application shall be developed or produced by an Oklahoma-based firm or that a legitimate effort shall be made to apply the results of financial or other assistance in a manner that has a reasonable potential to create or enhance employment or other factors contributing to economic growth within Oklahoma. The board of directors of the Oklahoma Center for the Advancement of Science and Technology shall prescribe policies and procedures in order to implement the provisions of this section.

Credits

Laws 1987, c. 222, § 25, operative July 1, 1987.

Footnotes

Title 74, § 5060.2 et seq.
74 Okl. St. Ann. § 5060.10, OK ST T. 74 § 5060.10
Current with emergency effective legislation through Chapter 257 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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