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2025 Oklahoma Statutes
Title 3. Aircraft and Airports.
§3-543. Disclosure of interest in contracts — Statement by board members.

Universal Citation:
3 OK Stat § 543 (2025)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.
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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, stockholder, partner or agent of such person. Contracts of the Authority with any such person shall not be invalid or unenforceable by reason of such interest, provided that each member of the Board shall have submitted to the Board a statement of the member’s interest in or relationship to such person prior to the approval or authorization of the contract by the Authority. The statement shall be maintained as part of the permanent record book of the Authority for as long as the contract continues in effect and for not less than one (1) year thereafter.

Added by Laws 1999, c. 164, § 33, eff. July 1, 1999. Renumbered from § 5233 of Title 74 by Laws 2025, c. 274, § 50, eff. July 1, 2025.

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