§2-4007. Agreements and obligations to have public purpose.
84 words·~1 min read·
/ok/title-2-agriculture/2-4007·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
All agreements and obligations undertaken, as permitted under this section, by the Oklahoma State University Veterinary Medicine Authority shall be for a public purpose. In addition to any other limitations, conditions or restrictions provided by law, the following conditions shall apply to contractual agreements entered into pursuant to this section:
1. Private and public funds shall be accounted for separately; and
2. The state shall not assume any liability for private entities. Added by Laws 2023, c. 297, § 7, eff. July 1, 2023.