SECTION 5:11-11-7. Voluntary agreements


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  •   In order to avoid the expense and time involved in formal administrative or legal proceedings, the certificate of authority holder may enter into voluntary agreements that provide for the management and rehabilitation of the abstract plant provided that such agreement fully safeguards the public interest, subject to the approval of the Board. The Board reserves the right in all cases to withhold the privilege of disposition by voluntary agreement.
[Source: Added at 28 Ok Reg 1106, eff 7-1-11]