Okla. Stat. tit. 62, § 62-88.7
This is the official text of Okla. Stat. tit. 62, § 62-88.7, part of Oklahoma’s Stat. tit. 62, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 62,." Browse the sections below, each linked to its official government source.
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Liability of state and State Treasurer on loans - Default
Official statutory text
in payment of loan.
The State of Oklahoma and the State Treasurer shall not be
liable to any eligible lending institution in any manner for payment
of the principal or interest on the loan to an eligible participant.
Any delay in payments in default on the part of an eligible
participant does not in any manner affect the small business linked
deposit agreement between the eligible lending institution and the
State Treasurer.
Oklahoma Statutes - Title 62. Public Finance Page 308
The State of Oklahoma and the State Treasurer shall not be
liable to any eligible lending institution in any manner for payment
of the principal or interest on the loan to an eligible participant.
Any delay in payments in default on the part of an eligible
participant does not in any manner affect the small business linked
deposit agreement between the eligible lending institution and the
State Treasurer.
Oklahoma Statutes - Title 62. Public Finance Page 308
Status: in_force · Read it on the official government site
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