Okla. Admin. Code § 730:40-1-8
The Department may lease parcels of railroad rights-of-way and/or trackage to persons, firms or corporations, provided such leases do not interfere with the provision of rail freight service. The terms and conditions of all such leases shall be fair and equitable and the lease price shall be based upon a reasonable percentage of the fair market value of the leased property. Land lease agreements shall provide for termination of the lease should it become necessary to utilize the leased property for railroad purposes. Land lease agreements may be marketed, managed, and administered by the Department or, in the alternative, the marketing, management, and administration may be performed by the Department's rail service operator pursuant to the provisions of said operator's track lease and operating agreement with the Department.
Okla. Admin. Code § 730:40-1-8