A. There is hereby created the Oklahoma Historical Society consisting of members who have heretofore become and are now members of said Society, and such others as may be admitted and elected as members thereof, in accordance with the terms of the constitution and bylaws, or as otherwise provided by the the Oklahoma Historical Preservation Act.
B. The Oklahoma Historical Society is hereby declared to be an organized agency of the State of Oklahoma, with power to formulate and promulgate, rules and regulations pursuant to the Administrative Procedures Act by means of its constitution and bylaws, and resolutions for its government and regulation subject to the laws of the state.
C. The Oklahoma Historical Society shall faithfully expend and apply all money received from the state to the uses and purposes directed by law. The Society shall hold all its present and future collections of property for the state, and shall not sell, mortgage or dispose of any such property without authority of law.
Added by Laws 1988, c. 217, § 4, emerg. eff. June 21, 1988.