Oklahoma Code § 70-4305

Title 70. Schools: Airports
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Any one of the institutions comprising The Oklahoma State System
of Higher Education as defined in Section 1 of Article XIII-A of the
Constitution of Oklahoma and any other institutions of Higher
Education which have become coordinated with the Oklahoma State
System of Higher Education under the provisions of Section 4 of said
Article XIII-A of said Constitution may accept grants of airport
property from the United States and hold and operate the same, and
may accept, receive, receipt for, disburse, and expend federal
monies granted by the United States in aid of airport development
upon such terms and conditions as are prescribed by the United
States and are consistent with state law, and consistent with the
terms of the grants by which said properties are acquired or said
federal monies are received from the United States, and any
amendment to any grants or release of any restriction found in the
grants; and such institutions operating or controlling any airport
shall have exclusive management and control of such airport and are
hereby permitted to authorize and regulate the use of such airports
by aircraft not owned and operated by such institutions under the
conditions and subject to the restrictions hereinafter set forth.
A state educational institution may make or amend such
reasonable rules, regulations, and orders as it may deem necessary
for the operation, government and use of any such airport under its
control not inconsistent with this section, with the laws of this
state or of the United States, or any rules, regulations or orders
promulgated pursuant to either, or with the terms of any grant of
airport property or money from the United States, or any amendment
to any grants or release of any restriction in any grants.  Such
institution may fix and charge for such services and facilities for
aircraft not owned and operated by it, either rented by it or under
concession contract, as are customarily provided and deemed
necessary at any public airport; provided that all income received
from the services and facilities herein provided for shall be kept
by such institution in a separate fund to be used solely for the
operation, upkeep and maintenance of such institutional airport.  A
state educational institution airport may use, lease, rent, sell or
otherwise dispose of any of the property acquired for any purpose
not inconsistent with the terms of any grant or money from the
United States or any amendment of any grants or release of
restriction found in any grants.

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