Oklahoma Code § 62-652

Title 62. Public Finance: Authority regarding industrial development
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Any municipality and any county is hereby authorized to own,
acquire, construct, reconstruct, extend, equip, improve, maintain,
sell, lease, contract concerning, or otherwise deal in or dispose of
any lands, buildings, or facilities of any and every nature whatever
that can be used in securing or developing industry within or near
the municipality or county.  Industry as referred to herein shall
not include any trust purpose, function nor activity in any
residential enterprise or function except as provided in Section
178.6 of Title 60 of the Oklahoma Statutes.
Added by Laws 1961, p. 471, § 2, emerg. eff. Aug. 8, 1961.  Amended
by Laws 1976, c. 222, § 9, eff. Dec. 1, 1976; Laws 2010, c. 195, §
2, emerg. eff. May 4, 2010.

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