Okla. Stat. tit. 60 § 49.2

Current through Laws 2024, c. 453.

Section 49.2 - Definitions

As used in this act:

1. "Conservation easement" means a nonpossessory interest of a holder in real property imposing limitations or affirmative obligations the purposes of which include, but are not limited to, retaining or protecting natural, scenic, or open-space values of real property, assuring its availability for agricultural, forest, recreational, or open-space use, protecting natural resources, maintaining or enhancing air or water quality, or preserving the historical, architectural, archaeological, or cultural aspects of real property; and

2. "Holder" means:

a. a governmental body empowered to hold an interest in real property under the laws of this state or the United States, or

b. a charitable corporation, charitable association, or charitable trust, the purposes or powers of which include retaining or protecting the natural, scenic, or open-space values of real property, assuring the availability of real property for agricultural, forest, recreational, or open-space use, protecting natural resources, maintaining or enhancing air or water quality, or preserving the historical, architectural, archaeological, or cultural aspects of real property.

Okla. Stat. tit. 60, § 49.2

Added by Laws 1999 , SB 266, c. 384, §2, eff. 11/1/1999.