Oklahoma § 62-120.3 - Advertisement and bids
Full text of Oklahoma Oklahoma Statutes § 62-120.3 — Advertisement and bids, with citation guidance and answers to common questions.
§ 62-120.3. Advertisement and bids
In connection with every cash sale of state equipment, for the
purpose stated in this act, the purchasing officer of department,
institution or agency shall either publicly advertise the sale of
equipment or secure at least three bids in writing, unless the
estimated sale value is less than Fifty Dollars ($50.00). The
record sale, including all the bids received, shall be considered a
matter of public record and shall be so maintained for a period of
not less than ten (10) years.
Laws 1949, p. 419, § 3.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 62-120.3
What does Oklahoma Statutes § 62-120.3 cover?
Section 62-120.3 ("Advertisement and bids") 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 § 62-120.3?
A common citation format is "Oklahoma Statutes § 62-120.3" (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 § 62-120.3 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.