Okla. Stat. tit. 62, § 62-91.9
This is the official text of Okla. Stat. tit. 62, § 62-91.9, 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 certifying agency for loan
Official statutory text
payments.
The state, the State Treasurer, and the certifying agency 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
rural housing developer. Any delay in payments or default on the
part of an eligible rural housing developer does not in any manner
affect the rural housing linked deposit agreement between the
eligible lending institution and the State Treasurer.
The state, the State Treasurer, and the certifying agency 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
rural housing developer. Any delay in payments or default on the
part of an eligible rural housing developer does not in any manner
affect the rural housing linked deposit agreement between the
eligible lending institution and the State Treasurer.
Status: in_force · Read it on the official government site
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