0 chapters · 245 sections in this title.
3 O.S. § 534 Trust agreements
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In the discretion of the Oklahoma Space Industry Development Authority, any bonds issued under the provisions of this act may be secured by a trust agreement by and between the Authority and a corporate trustee, which may be any trust company or bank having the powers of a trust …
3 O.S. § 535 Bond proceeds and revenue deemed to be trust funds
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All monies received pursuant to the authority of the Oklahoma Space Industry Development Act, whether as proceeds from the sale of bonds or as revenues, shall be deemed to be trust funds, to be held and applied solely as provided in the Oklahoma Space Industry Development Act. Th…
3 O.S. § 536 Enforcement of rights by bondholder or trustee
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Any holder of bonds issued under the provisions of the Oklahoma Space Industry Development Act or any of the coupons appertaining thereto, and the trustee under the trust agreement, except to the extent the rights herein given may be restricted by such trust agreement, may, eithe…
3 O.S. § 537 Bonds made investment securities
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Bonds issued under the provisions of the Oklahoma Space Industry Development Act are hereby made securities in which all public officers and public bodies, agencies, and instrumentalities of the state and its political subdivisions, all banks, trust companies, trust and loan asso…
3 O.S. § 538 Application to Supreme Court for approval of bonds —
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Jurisdiction — Notice of hearing — Protest — Determination of validity. The Oklahoma Space Industry Development Authority is authorized in its discretion to file an application with the Supreme Court for the approval of any bonds to be issued hereunder, and exclusive original jur…
3 O.S. § 539 Issuance of revenue refunding bonds — Purposes — Investment
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of proceeds pending application of proceeds — Interest bearing time deposits. A. The Oklahoma Space Industry Development Authority is hereby authorized to provide by resolution for the issuance of revenue refunding bonds of the Authority for the purpose of refunding any bonds the…
3 O.S. § 540 Report to Governor
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The Oklahoma Space Industry Development Authority shall make and submit to the Governor, within ninety (90) days of the close of the Authority's fiscal year, a full report showing anticipated projects, projects under construction and projects in operation, and the financial condi…
3 O.S. § 541 Projects declared essential governmental functions -
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Exemption from taxation. The exercise of the powers granted by the Oklahoma Space Industry Development Act to the Oklahoma Space Industry Development Authority will be in all respects for the benefit of the people of the state. The operation and maintenance of projects by the Aut…
3 O.S. § 542 Application for designation of spaceport territory as
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foreign trade zone. The Oklahoma Space Industry Development Authority shall have the power to apply to the federal government for a grant allowing the designation of any spaceport territory as a foreign trade zone. Added by Laws 1999, c. 164, § 32, eff. July 1, 1999. Renumbered f…
3 O.S. § 543 Disclosure of interest in contracts — Statement by board
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members. No member of the Board of Directors shall be deemed to have an interest in any contract of the Oklahoma Space Industry Development Authority with any person by reason of the fact that such Board member is related to such person or is a director, officer, employee, stockh…
3 O.S. § 544 Remedies to ensure compliance with act — Injunction
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The Board of Directors or any aggrieved person may have recourse to such remedies in law and equity as may be necessary to ensure compliance with the provisions of the Oklahoma Space Industry Development Act, including injunctive relief to enjoin or restrain any person from viola…
3 O.S. § 545 Involvement of women, minorities and disadvantaged business
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enterprises in Authority projects — Legislative intent and public policy. It is the intent of the Legislature and the public policy of this state that women, minorities, and socially, physically, and economically disadvantaged business enterprises be encouraged to participate ful…
3 O.S. § 546 Conflict with other provisions — Act controls
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If any provision of this act is in conflict with any other provision, limitation, or restriction pertaining to areas located within the spaceport territory which is now in effect under a law of this state or an ordinance of a local government, political subdivision, or municipali…
3 O.S. § 547 Construction of act
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The provisions of this act shall be liberally construed to effect its purposes and shall be deemed cumulative, supplemental and alternative authority for the exercise of the powers provided herein. Added by Laws 1999, c. 164, § 37, eff. July 1, 1999. Renumbered from § 5237 of Tit…
3 O.S. § 6 Repealed by Laws 1947, p. 31, § 19
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3 O.S. § 6 Repealed by Laws 1947, p. 31, § 19
3 O.S. § 61 Municipalities may acquire and operate airports - Eminent
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domain - Bonds. Every municipal corporation within this state shall have the right and power to acquire, own, operate, improve and maintain, within or without the corporate limits of such municipal corporation, real estate, buildings, improvements and facilities for aviation airp…
3 O.S. § 62 Leases
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Whenever it shall be deemed impractical to issue bonds, as above provided for, such municipal corporation, when deemed necessary or advisable for the public interest, and without increasing the total indebtedness of such municipal corporation beyond the Constitutional limitation,…
3 O.S. § 65.1 See the following versions:
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OS 3-65.1v1 (HB 3672, Laws 2024, c. 18, § 1). OS 3-65.1v2 (SB 1912, Laws 2024, c. 135, § 1).
3 O.S. § 65.10 See the following versions:
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OS 3-65.10v1 (HB 3672, Laws 2024, c. 18, § 8). OS 3-65.10v2 (SB 1912, Laws 2024, c. 135, § 8).
3 O.S. § 65.10v1 Bond issues - Financing acquisitions, costs and
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improvements. The cost of planning and acquiring, establishing, developing, constructing, enlarging, improving, or equipping, an airport, vertiport, or air navigation facility, or the site therefor, including buildings and other facilities incidental to the operation thereof, and…
3 O.S. § 65.10v2 Bond issues - Financing acquisitions, costs and
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improvements. The cost of planning and acquiring, establishing, developing, constructing, enlarging, improving, or equipping, an airport, vertiport, or air navigation facility, or the site therefor, including buildings and other facilities incidental to the operation thereof, and…
3 O.S. § 65.11 Validation of prior acquisitions, actions and bond
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issues. Any acquisition of property heretofore made, within or without the limits of any municipality of the state, for the purposes authorized by this act, and any other action heretofore taken by a municipality in furtherance of such purposes, including but not limited to the m…
3 O.S. § 65.12 See the following versions:
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OS 3-65.12v1 (HB 3672, Laws 2024, c. 18, § 9). OS 3-65.12v2 (SB 1912, Laws 2024, c. 135, § 9).
3 O.S. § 65.12v1 Application of airport revenues and sale proceeds
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The revenues obtained by a municipality from the ownership, control or operation of any airport, vertiport, or air navigation facility, including proceeds from the sale of any airport, vertiport, or portion thereof of an air navigation facility property, shall be deposited in a s…
3 O.S. § 65.12v2 Application of airport revenues and sale proceeds
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The revenues obtained by a municipality from the ownership, control or operation of any airport, vertiport, or air navigation facility, including proceeds from the sale of any airport, vertiport, or portion thereof of air navigation facility property, shall be deposited in a spec…
3 O.S. § 65.13 Federal and state aid
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Acceptance Authorized, Conditions. Every municipality is authorized to accept, receive, receipt for, disburse and expend federal and state monies and other monies, public or private, made available by grant or loan or both to accomplish, in whole or in part, any of the purposes o…
3 O.S. § 65.14 Contracts
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A municipality may enter into any contracts or agreements necessary to the execution of the powers granted it, and for the purposes provided by this act. Laws 1947, p. 20, § 14.
3 O.S. § 65.15 See the following versions:
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OS 3-65.15v1 (HB 3672, Laws 2024, c. 18, § 10). OS 3-65.15v2 (SB 1912, Laws 2024, c. 135, § 10).
3 O.S. § 65.15v1 Joint operations
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(a) Authorization. For the purposes of this section, unless otherwise qualified, the term "public agency" includes municipality, as defined in this act, an agency of the state government and of the United States, and any municipality, political subdivision and agency of another s…
3 O.S. § 65.15v2 Joint operations
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A. Authorization. For the purposes of this section, unless otherwise qualified, the term “public agency” includes municipality, as defined in the Municipal Airports Act, an agency of the state government and of the United States, and any municipality, political subdivision and ag…
3 O.S. § 65.16 See the following versions:
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OS 3-65.16v1 (HB 3672, Laws 2024, c. 18, § 11). OS 3-65.16v2 (SB 1912, Laws 2024, c. 135, § 11).
3 O.S. § 65.16v1 Public purpose, county and municipal purpose
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The acquisition of any land or interest therein pursuant to this act, the planning, acquisition, establishment, development, construction, improvement, maintenance, equipment, operation, regulation, protection and policing of airports, vertiports, and air navigation facilities, i…
3 O.S. § 65.16v2 Public purpose, county and municipal purpose
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The acquisition of any land or interest therein pursuant to the Municipal Airports Act, the planning, acquisition, establishment, development, construction, improvement, maintenance, equipment, operation, regulation, protection and policing of airports, vertiports, and air naviga…
3 O.S. § 65.17 See the following versions:
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OS 3-65.17v1 (HB 3672, Laws 2024, c. 18, § 12). OS 3-65.17v2 (SB 1912, Laws 2024, c. 135, § 12).
3 O.S. § 65.17v1 Property and income exempt from taxation
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Any property in this state acquired by a municipality for airport, vertiport, or air navigation purposes pursuant to the provisions of this act, and any income derived by such municipality from the ownership, operation or control thereof, shall be exempt from taxation to the same…
3 O.S. § 65.17v2 Property and income exempt from taxation
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Any property in this state acquired by municipality for airport, vertiport, or air navigation purposes pursuant to the provisions of the Municipal Airports Act, and any income derived by such municipality from the ownership, operation or control thereof, shall be exempt from taxa…
3 O.S. § 65.18 Supplementary authority
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In addition to the general and special powers conferred by this act, every municipality is authorized to exercise such powers as are necessarily incidental to the exercise of such general and special powers. Laws 1947, p. 23, § 18.
3 O.S. § 65.19 Saving clause - Airport zoning
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Nothing contained in this act shall be construed to limit any right, power or authority of a municipality to regulate airport hazards by zoning. Laws 1947, p. 23, § 19.
3 O.S. § 65.1v1 Definitions
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As used in this act, unless the text otherwise requires: (a) "Airport" means an area on land or water that is used, or intended to be used, for the landing and taking off of aircraft, and includes its buildings and facilities, if any. (b) "Air navigation facility" means any facil…
3 O.S. § 65.1v2 Definitions
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As used in the Municipal Airports Act, unless the text otherwise requires: 1. “Airport” means an area on land or water that is used, or intended to be used, for the landing and taking off of aircraft, and includes its buildings and facilities, if any; 2. “Air navigation facility”…
3 O.S. § 65.2 See the following versions:
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OS 3-65.2v1 (HB 3672, Laws 2024, c. 18, § 2). OS 3-65.2v2 (SB 1912, Laws 2024, c. 135, § 2).
3 O.S. § 65.20 Interpretation and construction
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This act shall be so interpreted and construed as to make uniform so far as possible the laws and regulations of this state and other states and of the government of the United States having to do with the subject of municipal airports. Laws 1947, p. 23, § 20.
3 O.S. § 65.21 Repealed by Laws 1989, c. 154, § 2, operative July 1
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1989.
3 O.S. § 65.22 Short title
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This act may be cited as the "Municipal Airports Act." Laws 1947, p. 23, § 23.
3 O.S. § 65.2v1 General powers of municipalities in the establishment
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acquisition, operation and maintenance of airports, vertiports, and air navigation facilities. (a) Establishment, Operation, Land Acquisition. Every municipality is authorized, out of any appropriations or other monies made available for such purpose, to plan, establish, develop,…
3 O.S. § 65.2v2 General powers of municipalities in the establishment
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acquisition, operation and maintenance of airports, vertiports, and air navigation facilities. A. Establishment, Operation, Land Acquisition. Every municipality is authorized, out of any appropriations or other monies made available for such purpose, to plan, establish, develop, …
3 O.S. § 65.3 Eminent domain
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In the acquisition of property by eminent domain proceedings authorized by this act, the municipality shall proceed in the manner now provided by law for the exercise of the right of eminent domain by railroad corporations in this state. The fact that the property to be acquired …
3 O.S. § 65.4 See the following versions:
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OS 3-65.4v1 (HB 3672, Laws 2024, c. 18, § 3). OS 3-65.4v2 (SB 1912, Laws 2024, c. 135, § 3).
3 O.S. § 65.4v1 Disposal of airport, vertiport, or air navigation
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facility property. Except as may be limited by the terms and conditions of any grant, loan, or agreement pursuant to Section 13 of this act, every municipality may by sale, lease or otherwise, dispose of any airport, vertiport, air navigation facility or other property, or portio…
3 O.S. § 65.4v2 Disposal of airport, vertiport, or air navigation
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facility property. Except as may be limited by the terms and conditions of any grant, loan, or agreement pursuant to Section 65.13 of this title, every municipality may by sale, lease or otherwise, dispose of any airport, vertiport, air navigation facility, or other property, or …