Oklahoma § 3-503 - Oklahoma Aircraft and Rocket Engine Testing Development

Full text of Oklahoma Oklahoma Statutes § 3-503 — Oklahoma Aircraft and Rocket Engine Testing Development, with citation guidance and answers to common questions.

§ 3-503. Oklahoma Aircraft and Rocket Engine Testing Development

Grant Program Revolving Fund.

There is hereby created in the State Treasury a revolving fund

for the Oklahoma Department of Aerospace and Aeronautics to be

designated the “Oklahoma Aircraft and Rocket Engine Testing

Development Grant Program Revolving Fund”. The fund shall be a

continuing fund, not subject to fiscal year limitations, and shall

consist of all monies received by the Department from all monies

received by any public or private donations, contributions, and

gifts received for the benefit of the fund, and any amounts

Oklahoma Statutes - Title 3. Aircraft and Airports

appropriated by the Legislature, provided for the purpose of funding

grants as provided in the Oklahoma Aircraft and Rocket Engine

Testing Development Grant Program. All monies accruing to the

credit of the fund are hereby appropriated and may be budgeted and

expended by the Department for the purpose provided for in the

Oklahoma Aircraft and Rocket Engine Testing Development Grant

Program. Expenditures from the fund shall be made upon warrants

issued by the State Treasurer against claims filed as prescribed by

law with the Director of the Office of Management and Enterprise

Services for approval and payment.

Added by Laws 2024, c. 125, § 3, eff. July 1, 2024. Amended by Laws

2025, c. 154, § 3, eff. July 1, 2025.

Frequently Asked Questions About Oklahoma § 3-503

What does Oklahoma Statutes § 3-503 cover?

Section 3-503 ("Oklahoma Aircraft and Rocket Engine Testing Development") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Oklahoma § 3-503?

A common citation format is "Oklahoma Statutes § 3-503" (Oklahoma). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Oklahoma law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.

How does Oklahoma § 3-503 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Oklahoma.