Okla. Stat. tit. 73, § 73-187A-2
This is the official text of Okla. Stat. tit. 73, § 73-187A-2, part of Oklahoma’s Stat. tit. 73, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 73,." Browse the sections below, each linked to its official government source.
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Utilization of LCF funds for the Oklahoma State
Official statutory text
University Veterinary Medicine Authority.
A. In addition to any other authorization provided by law, the
Oklahoma Capitol Improvement Authority is authorized to utilize
available funds from the Legacy Capital Financing Fund created by
Enrolled House Bill No. 1002 of the 1st Extraordinary Session of the
59th Oklahoma Legislature, in the amount of Seventy-nine Million
Dollars ($79,000,000.00) for the benefit of the Oklahoma State
University Veterinary Medicine Authority (OSUVMA) created pursuant
to Enrolled House Bill No. 2863 of the 1st Session of the 59th
Oklahoma Legislature to construct, refurbish, or expand animal
teaching hospitals and related facilities.
B. LCF Recapitalization Payments shall be made related to the
distribution of proceeds provided in subsection A of this section,
in accordance with the provisions of the Legacy Capital Financing
Act.
C. The Authority may distribute funds authorized pursuant to
subsection A of this section in one or more tranches.
D. The Authority may enter memoranda of understanding with
agencies, departments, and subdivisions of the state as needed to
facilitate the provisions of this act, provided that such memoranda
of understanding do not constitute a legal obligation of the State
of Oklahoma or impede the administration of the provisions of the
Legacy Capital Financing Act.
A. In addition to any other authorization provided by law, the
Oklahoma Capitol Improvement Authority is authorized to utilize
available funds from the Legacy Capital Financing Fund created by
Enrolled House Bill No. 1002 of the 1st Extraordinary Session of the
59th Oklahoma Legislature, in the amount of Seventy-nine Million
Dollars ($79,000,000.00) for the benefit of the Oklahoma State
University Veterinary Medicine Authority (OSUVMA) created pursuant
to Enrolled House Bill No. 2863 of the 1st Session of the 59th
Oklahoma Legislature to construct, refurbish, or expand animal
teaching hospitals and related facilities.
B. LCF Recapitalization Payments shall be made related to the
distribution of proceeds provided in subsection A of this section,
in accordance with the provisions of the Legacy Capital Financing
Act.
C. The Authority may distribute funds authorized pursuant to
subsection A of this section in one or more tranches.
D. The Authority may enter memoranda of understanding with
agencies, departments, and subdivisions of the state as needed to
facilitate the provisions of this act, provided that such memoranda
of understanding do not constitute a legal obligation of the State
of Oklahoma or impede the administration of the provisions of the
Legacy Capital Financing Act.
Status: in_force · Read it on the official government site
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