Oklahoma § 3-515 - Acts to which Authority subject — Exceptions — Sovereign

§ 3-515. Acts to which Authority subject — Exceptions — Sovereign

immunity — Exemption from Public Competitive Bidding Act.

A. The Oklahoma Space Industry Development Authority, in

effectuating the purposes of the Oklahoma Space Industry Development

Act, shall be subject to the Administrative Procedures Act, the

Oklahoma Open Meeting Act, and the Oklahoma Open Records Act, except

as provided in subsection B of this section.

B. Any information held by the Authority which is a trade

secret, as defined in the Uniform Trade Secrets Act, including trade

secrets of the Authority, any spaceport user, or the space industry,

is confidential and may not be disclosed. If the Authority

determines that any information requested by the public will reveal

a trade secret, it shall, in writing, inform the person making the

request of that determination. The Authority may hold executive

sessions, as authorized by the Oklahoma Open Meeting Act, when trade

secrets are discussed, and any minutes, recordings, or notes from

such sessions are deemed confidential.

C. The Authority shall be granted sovereign immunity in the

same manner as this state, and the liability of the Authority and

its members, officers, and employees shall be governed by the

provisions of The Governmental Tort Claims Act. Provided, however,

the Authority is authorized to carry liability insurance to the

extent authorized by the Authority.

D. The Authority, in executing the purposes of the Oklahoma

Space Industry Development Act, shall be exempt from the provisions

of the Public Competitive Bidding Act of 1974 and the competitive

bidding provisions set forth in Section 85.7 of this title.

Added by Laws 1999, c. 164, § 5, eff. July 1, 1999. Amended by Laws

2025, c. 274, § 4, eff. July 1, 2025. Renumbered from § 5205 of

Title 74 by Laws 2025, c. 274, § 22, eff. July 1, 2025.