Can you say this in layman's terms?

If, in the case of a lake or pond situated partly in this state and partly in another state, the laws of such other state permit fishing in that part thereof lying within such other state by persons licensed or otherwise entitled under the laws of this state to fish in that part of such lake or pond lying within this state, persons licensed or otherwise entitled under the laws of such other state to fish in the part of such lake or pond lying within such other state shall be permitted to fish in that part thereof lying within this state, and, as to such lake or pond, the operation of
the laws of this state relative to open and closed seasons, limits of catch, minimum sizes of fish caught and methods of fishing shall be suspended upon the adoption and during the continuance in force of rules and regulations relative to those subjects and affecting that part of such lake or pond lying within this state, which rules and regulations the director is hereby authorized to make, and from time to time add to,alter and repeal.

If a lake lies over a border with another state, and that state's laws permit anyone with a license from our state to fish on its side of the lake, then they can fish in our side of the lake likewise, and as long as they're following their state's laws, we won't bust them if the other state's bag limits, size limits, etc. are different from ours.

Break it down, sentence by sentence, clause by clause.

It applies to any lake or pond, if even part is in this state. And it looks like it mainly applies if the lake is split between 2 states.

The first part is a basic reciprocity clause. If the other state allows people licensed here to fish over there, then we'll allow people licensed over there to fish on our half.

And in such situations, the rules of the other state should be followed if the person is fishing over there. But if there aren't any rules about a particular topic (size/catch limits, seasons, etc.) then our own local rules remain in effect.

If you abide by the relevant laws of your state, then you can fish anywhere in the lake, but make sure you're current with the regulations.

If you have a fishing license in one state, and you want to fish a lake that straddles two states...It's all good. Happy fishing.

If half a lake were in Texas, and half in Oklahoma, and you were licensed by OK to fish there, you can only fish the part in OK, not what is in Texas. In fact, you can't even cast from a boat in OK into the Texas side.

Is that plain enough for an Okie to understand?

Sounds like you can fish in either part of the lake but know the rules on limits and such for where your fishing.

So Krazy what if you catch a fish right on the line. Do you cut off half of it and throw it back to texas. YEEE HAAWWWW