Oklahoma § 62-690.8 - Membership of Authority - Appointment - Terms - Officers
Full text of Oklahoma Oklahoma Statutes § 62-690.8 — Membership of Authority - Appointment - Terms - Officers, with citation guidance and answers to common questions.
§ 62-690.8. Membership of Authority - Appointment - Terms - Officers
- Compensation - Conflict of Interest - Eligibility - Treasurer's
bond.
A. The boards of county commissioners of each member county of
an enterprise district or the governing bodies of each member city
or town of an enterprise district shall appoint, from their
Oklahoma Statutes - Title 62. Public Finance
respective counties, cities or towns, no more than five (5) persons
to serve as members of the Authority of the enterprise district.
B. Each Authority member shall have been a qualified elector in
the county from which he is appointed for a period of at least three
(3) years next preceding his appointment.
C. The members of any Authority first appointed shall serve
staggered terms. Thereafter, each successor shall serve for a term
of five (5) years, except that any person appointed to fill a
vacancy shall be appointed to only the unexpired term and any member
shall be eligible for reappointment, and no member shall be removed
except for cause.
D. The members of the Authority shall elect a chairman, a vicechairman and a treasurer from among its membership. A majority of
the Authority shall constitute a quorum, the affirmative vote of
which shall be necessary for any action taken by the Authority.
E. A member of the Authority shall receive no compensation for
his services, but shall be reimbursed by the political subdivision
which made his appointment for expenses incurred for attending
meetings of the Authority.
F. During his tenure and for three (3) years thereafter, no
member of an Authority shall own or acquire any interest, direct or
indirect, in any facility included or planned to be included in any
project financed through bonds issued pursuant to this act.
G. No person shall be eligible for appointment as a member of
an Authority who has been convicted of a felony.
H. The treasurer of the Authority shall be bonded in the sum of
One Hundred Thousand Dollars ($100,000.00) conditioned upon faithful
performance of duty and true account of money and proper disposition
of all said money.
Added by Laws 1983, c. 168, § 8, emerg. eff. June 6, 1983. Amended
by Laws 1985, c. 174, § 7, emerg. eff. June 18, 1985.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 62-690.8
What does Oklahoma Statutes § 62-690.8 cover?
Section 62-690.8 ("Membership of Authority - Appointment - Terms - Officers") 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 § 62-690.8?
A common citation format is "Oklahoma Statutes § 62-690.8" (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 § 62-690.8 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.