Oklahoma § 3-62 - Leases
Full text of Oklahoma Oklahoma Statutes § 3-62 — Leases, with citation guidance and answers to common questions.
§ 3-62. Leases
Whenever it shall be deemed impractical to issue bonds, as above
provided for, such municipal corporation, when deemed necessary or
advisable for the public interest, and without increasing the total
indebtedness of such municipal corporation beyond the Constitutional
limitation, it shall be lawful for such municipal corporation to
lease at a stipulated rental any real estate for use as an airport,
or any improved airport within or without the corporate limits
thereof from any person, firm or corporation which will contract to
lease the same; providing further that in making any such lease
contract the municipal corporation may reserve to such municipal
corporation the option to purchase such real estate or improved
airport in the future.
Laws 1945, p. 20, § 2.
Frequently Asked Questions About Oklahoma § 3-62
What does Oklahoma Statutes § 3-62 cover?
Section 3-62 ("Leases") 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 § 3-62?
A common citation format is "Oklahoma Statutes § 3-62" (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 § 3-62 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.