Oklahoma § 74-863 - Interest in contracts or agreements
Full text of Oklahoma Oklahoma Statutes § 74-863 — Interest in contracts or agreements, with citation guidance and answers to common questions.
§ 74-863. Interest in contracts or agreements
No member of the Authority or officer or employee thereof or of
the State Department of Commerce and Industry shall either directly
or indirectly be a party to or be in any manner interested in any
contract or agreement with the Authority for any matter, cause or
thing whatsoever by reason whereof any liability or indebtedness
shall in any way be created against such Authority, or the State
Department of Commerce and Industry. If any contract or agreement
shall be made in violation of the provisions of this Section, the
same shall be null and void and no action shall be maintained
thereon against such Authority or Department.
Laws 1959, p. 506, § 13.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 74-863
What does Oklahoma Statutes § 74-863 cover?
Section 74-863 ("Interest in contracts or agreements") 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 § 74-863?
A common citation format is "Oklahoma Statutes § 74-863" (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 § 74-863 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.