The revenues obtained by a municipality from the ownership, control or operation of any airport, vertiport, or air navigation facility, including proceeds from the sale of any airport, vertiport, or portion thereof of an air navigation facility property, shall be deposited in a special fund to be designated the "Airport Fund", which revenues shall be appropriated solely to, and used by the municipality for, the purposes authorized by this act.
Okla. Stat. tit. 3, § 65.12v1
Application of airport revenues and sale proceeds
Added by Laws 1947, p. 19, § 12
Official source: Oklahoma Legislature. Reproduced from public-domain Oklahoma statutes; confirm against the official source for the current text. Not legal advice.