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§64-1073. Royalty proceeds from sale of oil and gas production.

The royalty proceeds derived from the sale of oil or gas production under any oil and gas lease granted by the Commissioners of the Land Office shall be paid to the Commissioners pursuant to the terms of the Production Revenue Standards Act. Added by Laws 1987, c. 204, § 39, operative July 1, 1987. Amended […]

§64-1058. Assignment of lease as security.

No assignment of a school land lease as security shall be valid unless filed for record in the office of the Commissioners of the Land Office within thirty (30) days after execution of the assignment. The Land Office shall charge a fee set by the Commissioners of the Land Office for entering and recording each […]

§64-1074. Division of proceeds of sales and leases.

In accordance with Section 12 of the Enabling Act of this state, the income, interest, rentals and proceeds of the sale of the following lands, now collected and hereafter to be collected, are hereby made available to the institutions to which the grants were made, namely; for the benefit of – The University of Oklahoma250,000 […]

§64-1059. Removal of crops and improvements.

At the termination of a lease, the lessee may remove any or all of the improvements made by the lessee and shall have the right to harvest or remove any growing crop on the land. If the lessee is in default of any terms of the lease, the lessee shall not be allowed to remove […]

§64-1075. New College Fund – Designation.

The State Auditor and Inspector, Treasurer and Commissioners of the Land Office, and all other officers of the state are hereby directed and required to use the term “New College Fund” upon all their records as the proper name for designating fund created by virtue of the Enabling Act. Hereafter such fund shall be known […]

§64-1060. Records made public.

Except as otherwise provided by law, all of the records in possession, control, care and custody of the Commissioners of the Land Office are hereby declared to be public records, and certified copies thereof are admissible in evidence in the courts of this state. Any person shall be entitled to receive a certified copy of […]

§64-1061. Term of lease.

Any lands leased by the Commissioners of the Land Office for agricultural or grazing purposes shall be leased for a period not to exceed five (5) years under terms and conditions and at an annual rental as may be fixed by the Commissioners of the Land Office after appraisement and public auction. Added by Laws […]

§64-1062. Appraisement of land – Rules and regulations.

The Commissioners of the Land Office are hereby authorized and empowered to make and promulgate rules and regulations relating to the appraisement of land and any improvements located upon such land as may be owned by the state, leasing and subleasing such lands and improvements, reservation of rights and interests, collection of rentals, conservation and […]