Oklahoma Code § 62-876
Oklahoma Code § 62-876. Reproduced from the official Oklahoma Statutes, with a citation summary, verification link, and related provisions.
§ 62-876.
Acquisition of real property - Sale or lease to developer.
Oklahoma Statutes - Title 62. Public Finance
A. Any governing body which has established a rural housing
incentive district as provided in the Oklahoma Rural Housing
Incentive District Act may purchase or otherwise acquire real
property; however, the property may not be acquired through the
exercise of the power of eminent domain.
B. Any property acquired by a municipality or county under the
Oklahoma Rural Housing Incentive District Act may be sold or leased
to any developer, in accordance with the rural housing incentive
project plan and under such conditions as shall have been agreed to
prior to the adoption of the project plan. The municipality or
county and the developer may agree to any additional terms and
conditions, but if the developer requests to be released from any
obligations agreed to and embodied in the project plan, such release
shall constitute a substantial change and subject to the
requirements provided in subsection B of Section 6 of this act.
Added by Laws 1999, c. 140, § 7, eff. Nov. 1, 1999.
Source: official Oklahoma text · Last verified 2026-08-27
At a glance
- Citation: Oklahoma Statutes § 62-876
- Jurisdiction: Oklahoma
- Code: Oklahoma Statutes
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Oklahoma Statutes. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Oklahoma attorney.
Common questions
What is the source of Oklahoma Statutes § 62-876?
The text above is transcribed from the Oklahoma Statutes, the codified statutes of Oklahoma. The official publisher link appears under "Verify the text" on this page.
What subject does Oklahoma Statutes § 62-876 address?
It addresses the rule set out in the section text. Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Oklahoma Statutes § 62-876 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Oklahoma source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Oklahoma law to your facts requires a licensed Oklahoma attorney who can review the specifics.