Oklahoma Statutes

§ 43A-2-111 — Real property trust.

Oklahoma·Title 43A Mental Health

A.

1.The Board of Mental Health and Substance Abuse Services is hereby authorized and directed to create a trust into which all real property held by or for the benefit of the Department of Mental Health and Substance Abuse Services shall be transferred.
2.The trust shall provide that: a. the property placed into the trust may never be sold, except for the tracts specifically described in subparagraph c of this paragraph, if it is determined by the trustees for the Department's Real Property Trust and by the Department that such a sale is in the best interests of the Department, and then the proceeds shall be used exclusively for tangible infrastructure improvements that benefit the persons served by the Department. The provisions of 61 O.S. Section 327 do not apply to the sale of real p

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Legislative History

Added by Laws 2003, c. 217, § 1, eff. Nov. 1, 2003. Amended by Laws 2012, c. 304, § 139; Laws 2014, c. 178, § 1, eff. Nov. 1, 2014; Laws 2017, c. 139, § 1, eff. Nov. 1, 2017; Laws 2022, c. 267, § 1, eff. Nov. 1, 2022; Laws 2023, c. 377, § 1, eff. Nov. 1, 2023.

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