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§ 8224. Powers of Authority

Oklahoma Statutes AnnotatedTitle 74. State Government

Oklahoma Statutes Annotated
Title 74. State Government (Refs & Annos)
Chapter 102A. Greenwood Area Redevelopment Authority Act (Refs & Annos)
74 Okl.St.Ann. § 8224
§ 8224. Powers of Authority
Currentness
A. The Authority shall have the power to:
1. Adopt a seal for its official use;
2. Contract;
3. Own property;
4. Accept gifts and donations;
5. Invest funds under its control; and
6. Such other powers as are not inconsistent with the duties and responsibilities imposed upon the Authority.
B. The Authority shall not have the power to:
1. Acquire property through the use of eminent domain;
2. Become indebted in any manner; or
3. Take any action in derogation of the rights, whether based on contract or otherwise, established pursuant to any agreements entered into between private entities, between public entities or by one or more private and one or more public entities.

Credits

Laws 2001, c. 315, § 11, eff. July 1, 2001.
74 Okl. St. Ann. § 8224, OK ST T. 74 § 8224
Current with emergency effective legislation through Chapter 90 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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