Oklahoma Statutes (Last Updated: September 18, 2014)

§ 3-65.12. Application of airport revenues and sale proceeds.

Latest version.

The revenues obtained by a municipality from the ownership, control or operation of any airport or air navigation facility, including proceeds from the sale of any airport or portion thereof of air navigation facility property, shall be deposited in a special fund to be designated the "Airport Fund", which revenues shall be appropriated solely to, and used by the municipality for, the purposes authorized by this act.

Laws 1947, p. 19, § 12.

                    
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