Okla. Stat. tit. 63, § 63-690.10
This is the official text of Okla. Stat. tit. 63, § 63-690.10, part of Oklahoma’s Stat. tit. 63, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 63,." Browse the sections below, each linked to its official government source.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
State Assistance Dedicated for Disaster-impacted Local
Official statutory text
Economies Revolving Fund.
A. There is hereby created in the State Treasury a revolving
fund for the Oklahoma Department of Emergency Management to be
designated the "State Assistance Dedicated for Disaster-impacted
Local Economies Revolving Fund". The fund shall be a continuing
fund, not subject to fiscal year limitations, and shall consist of
all monies directed for deposit to the fund. All monies accruing to
the credit of said fund are hereby appropriated and may be budgeted
and expended by the Oklahoma Department of Emergency Management for
the purpose of providing advanced financial liquidity to
governmental subdivisions directly impacted by events attributing to
a Federal Emergency Management Agency (FEMA) declared emergency or
disaster, provided such governmental subdivision has entered into a
qualifying repayment agreement with the Oklahoma Department of
Emergency Management. Expenditures from said fund shall be made
upon warrants issued by the State Treasurer against claims filed as
prescribed by law with the Director of the Office of Management and
Enterprise Services for approval and payment.
B. As used in this section:
1. "Advanced financial liquidity" means funding provided to
fund gaps in mitigation of local and county revenue losses and
operating deficits; infrastructure repair and replacement, including
road, sewer, and water facilities; temporary housing and shelter
Oklahoma Statutes - Title 63. Public Health and Safety Page 1273
made necessary by the result of the associated emergency or
disaster; and to fund gaps in required matching funds for
participation in, or the benefit of, programs administered or funded
by the Federal Emergency Management Agency (FEMA); and
2. "Qualifying repayment agreement" means a memorandum of
understanding or legally binding agreement which identifies the
purpose of use for such advanced financial liquidity, and which
identifies the source of repayment by the governmental subdivision
and a repayment timeline or standard for repayment.
C. The Oklahoma Department of Emergency Management may
promulgate rules as needed to implement the provisions of this
section.
A. There is hereby created in the State Treasury a revolving
fund for the Oklahoma Department of Emergency Management to be
designated the "State Assistance Dedicated for Disaster-impacted
Local Economies Revolving Fund". The fund shall be a continuing
fund, not subject to fiscal year limitations, and shall consist of
all monies directed for deposit to the fund. All monies accruing to
the credit of said fund are hereby appropriated and may be budgeted
and expended by the Oklahoma Department of Emergency Management for
the purpose of providing advanced financial liquidity to
governmental subdivisions directly impacted by events attributing to
a Federal Emergency Management Agency (FEMA) declared emergency or
disaster, provided such governmental subdivision has entered into a
qualifying repayment agreement with the Oklahoma Department of
Emergency Management. Expenditures from said fund shall be made
upon warrants issued by the State Treasurer against claims filed as
prescribed by law with the Director of the Office of Management and
Enterprise Services for approval and payment.
B. As used in this section:
1. "Advanced financial liquidity" means funding provided to
fund gaps in mitigation of local and county revenue losses and
operating deficits; infrastructure repair and replacement, including
road, sewer, and water facilities; temporary housing and shelter
Oklahoma Statutes - Title 63. Public Health and Safety Page 1273
made necessary by the result of the associated emergency or
disaster; and to fund gaps in required matching funds for
participation in, or the benefit of, programs administered or funded
by the Federal Emergency Management Agency (FEMA); and
2. "Qualifying repayment agreement" means a memorandum of
understanding or legally binding agreement which identifies the
purpose of use for such advanced financial liquidity, and which
identifies the source of repayment by the governmental subdivision
and a repayment timeline or standard for repayment.
C. The Oklahoma Department of Emergency Management may
promulgate rules as needed to implement the provisions of this
section.
Status: in_force · Read it on the official government site
Need a lawyer in Oklahoma?
Find a Oklahoma lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.