Oklahoma § 74-5064.5 - Powers

Full text of Oklahoma Oklahoma Statutes § 74-5064.5 — Powers, with citation guidance and answers to common questions.

§ 74-5064.5. Powers

The Oklahoma Center for the Advancement of Science and

Technology (OCAST) shall have the power to:

1. Enter into contracts on a competitive bid basis with public

and private agencies, institutions, organizations and individuals

for the purpose of providing assistance to and services for

inventors and entrepreneurs as required by Section 5064.1 et seq. of

this title;

2. Solicit the support and contributions of public and private

agencies, organizations, institutions and individuals;

3. Receive and administer funds for the purpose of operating

the inventors and entrepreneurs program;

4. Advertise and promote the inventors and entrepreneurs

program;

5. Collect reasonable fees based on actual direct and indirect

costs for programmatic services extended to users of the inventors

and entrepreneurs program; and

6. Promulgate rules to implement the provisions of Section

5064.1 et seq. of this title.

Added by Laws 1987, c. 121, § 5, eff. Nov. 1, 1987. Amended by Laws

1994, c. 322, § 29, emerg. eff. June 8, 1994; Laws 1998, c. 250, §

2, eff. July 1, 1998.

Frequently Asked Questions About Oklahoma § 74-5064.5

What does Oklahoma Statutes § 74-5064.5 cover?

Section 74-5064.5 ("Powers") 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 § 74-5064.5?

A common citation format is "Oklahoma Statutes § 74-5064.5" (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 § 74-5064.5 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.