Statutes, codes, and regulations
Oklahoma Statutes
Title 2 - AGRICULTUREChapter 1 - AGRICULTURAL CODEArticle 15 - AGRICULTURAL FAIRS AND EXPOSITIONS
GENERAL PROVISIONS
Section 15-14 - Retirement pay for employees of Agricultural Fair Corporations

Okla. Stat. tit. 2 § 15-14

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Current through Laws 2024, c. 453.
Section 15-14 - Retirement pay for employees of Agricultural Fair Corporations

The Board of Directors of any nonprofit Agricultural Fair Corporation organized under the laws of the State of Oklahoma may establish a retirement pay plan for any of its employees faithfully performing his or her duties for a period of more than thirty (30) years. The payments shall be considered a part of current operating expenses of the corporation and the amount of the payments and methods of making the payments shall be determined from year to year by the Board of Directors as they may see fit.

Okla. Stat. tit. 2, § 15-14

Laws 1949, p. 5, § 1; Amended by Laws 2001 , HB 1378, c. 146, § 159, emerg. eff. 4/30/2001; Renumbered from 2 O.S. § 45 by Laws 2001 , HB 1378, c. 146, § 267, emerg. eff. 4/30/2001.