Oklahoma § 82-1113 - Budget - Disposition of rents and charges
Full text of Oklahoma Oklahoma Statutes § 82-1113 — Budget - Disposition of rents and charges, with citation guidance and answers to common questions.
§ 82-1113. Budget - Disposition of rents and charges
(a) The board of directors of a port authority created in
accordance with Section 2 of this Act shall annually prepare a
budget for the port authority.
(b) Rents and charges received by the port authority shall be
used for the general expenses of the port authority and to pay
interest, amortization, and retirement charges on money borrowed. If
there remains, at the end of any calendar year, any surplus of such
funds after providing for the above uses, the board of directors may
pay such surplus into the general funds of the political
subdivisions creating and comprising the port authority in
proportion to the taxable value of all property within the port
authority which shall be listed on the general tax lists for the
respective subdivisions.
Added by Laws 1959, p. 394, § 13, emerg. eff. July 15, 1959.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 82-1113
What does Oklahoma Statutes § 82-1113 cover?
Section 82-1113 ("Budget - Disposition of rents and charges") 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 § 82-1113?
A common citation format is "Oklahoma Statutes § 82-1113" (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 § 82-1113 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.