The revenues obtained by a municipality from the ownership, control or operation of any airport, vertiport, or air navigation facility, including proceeds from the sale of any airport, vertiport, or portion thereof of air navigation facility property, shall be deposited in a special fund to be designated the 'Airport Fund', which revenues shall be appropriated solely to, and used by the municipality for, the purposes authorized by the Municipal Airports Act. Added by Laws 1947, p. 19, § 12. Amended by Laws 2024, c. 135, § 9, eff. Nov. 1, 2024.
Oklahoma Legal Code