Okla. Admin. Code § 730:40-1-7

Current through Vol. 41, No. 19, June 17, 2024
Section 730:40-1-7 - Disposition of railroad properties

Subject to Transportation Commission approval, the Department may enter directly into agreements with the owners of operating railroads or persons intending to operate as common carriers by rail to sell outright or to sell by lease-purchase agreement any state-owned rail property on such terms and conditions as best serve the public interest. The Department may also dismantle state owned rail lines as provided for in 730:40-1-5(e). Surplus real property owned in fee by the Department in association with the State Rail Program may be disposed of as provided by law.

Okla. Admin. Code § 730:40-1-7