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§ 169.1. Irrevocable endowment for nonconforming collection items

Oklahoma Statutes AnnotatedTitle 53. Oklahoma Historical Societies and AssociationsEffective: May 2, 2022

Oklahoma Statutes Annotated
Title 53. Oklahoma Historical Societies and Associations
Chapter 11. Oklahoma Arts and Humanities Act
Effective: May 2, 2022
53 Okl.St.Ann. § 169.1
§ 169.1. Irrevocable endowment for nonconforming collection items
The Oklahoma Arts Council may, at its discretion, contract with other state agencies and/or non-profit organizations to create an irrevocable endowment with associated management and administration costs to trade, sell or barter donated and deaccessioned collection items that do not conform to collection policies of the Oklahoma Arts Council. In accordance with the code of ethics established by professional museum management associations, proceeds from the endowment shall be used only for the acquisition, conservation or care of collections that are owned and controlled by the Oklahoma Arts Council.

Credits

Laws 2022, c. 147, § 1, emerg. eff. May 2, 2022.
53 Okl. St. Ann. § 169.1, OK ST T. 53 § 169.1
Current with emergency effective legislation through Chapter 343 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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