Oklahoma Administrative Code (Last Updated: March 11, 2021) |
TITLE 320. Oklahoma Historical Society |
Chapter 10. Oklahoma Art in Public Places Division |
Subchapter 7. Financial Provisions |
SECTION 320:10-7-4. Allocations to Commissioning of Art in Public Places Revolving Fund
Latest version.
- Of the assessment provided for in subsection A of [74 O.S., Section 9030.5], four-fifths (4/5) shall be placed in the Commissioning of Art in Public Places Revolving Fund, created in Section 7 of Enrolled Senate Bill No. 1347 of the 2nd Session of the 49th Oklahoma Legislature, for the commission of any work of art for the Oklahoma Art in Public Places Act. Institutions within The Oklahoma State System of Higher Education shall remain in complete administrative control of their four-fifths (4/5) assessment pursuant to this subsection for the acquisition of art. The remaining one-fifth (1/5) of the assessment shall be reserved for the Art in Public Places Administrative and Maintenance Revolving Fund created by Section 8 of Enrolled Senate Bill No. 1347 of the 2nd Session of the 49th Oklahoma Legislature. [74 O.S., Section 9030.5]