§74-2123. Lease, loan, grant, or conveyance of property to
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/ok/title-74-state-government/74-2123·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
international trade processing authority - Development of international trade processing center.
A. Notwithstanding any other provision of law, other governmental entities are hereby authorized and empowered to lease, lend, grant, or convey to an international trade processing authority at its request, upon such terms and conditions as the proper authorities of such other governmental entities may deem reasonable and fair, and without the necessity for any other action or formality other than the regular and formal action of authorities concerned, any property which may be necessary or convenient to the effectuation of the authorized purposes of the international trade processing authority, including property already devoted to public use.
B. Each project, when constructed, shall be maintained and kept in good condition and repair by the international trade processing authority.
C. The Oklahoma Department of Commerce is authorized to aid an international trade processing authority in developing an international trade processing center. Added by Laws 2003, c. 386, § 3, eff. July 1, 2003.