Okla. Stat. tit. 74, § 74-2903.5
This is the official text of Okla. Stat. tit. 74, § 74-2903.5, part of Oklahoma’s Stat. tit. 74, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 74,." 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.
Program exemptions
Official statutory text
A. For the Oklahoma Housing Finance Agency's programs, the
Oklahoma Homebuilder Program, funded by the Homebuilder Revolving
Fund, and the Oklahoma Increased Housing Program, funded by the
Oklahoma Increased Housing Revolving Fund, the Oklahoma Housing
Finance Agency (OHFA) shall be exempt from the Oklahoma State
Finance Act, the Oklahoma Central Purchasing Act, and the Public
Competitive Bidding Act of 1974. OHFA shall be subject to all
financial regulations and reports currently required of OHFA,
including all audits it is required to perform.
B. All funds in the Homebuilder Revolving Fund and in the
Oklahoma Increased Housing Fund shall be exempt from any present or
future claims by bondholders or other debt holders of OHFA related
to any claim against OHFA for other housing programs administered by
OHFA.
Oklahoma Homebuilder Program, funded by the Homebuilder Revolving
Fund, and the Oklahoma Increased Housing Program, funded by the
Oklahoma Increased Housing Revolving Fund, the Oklahoma Housing
Finance Agency (OHFA) shall be exempt from the Oklahoma State
Finance Act, the Oklahoma Central Purchasing Act, and the Public
Competitive Bidding Act of 1974. OHFA shall be subject to all
financial regulations and reports currently required of OHFA,
including all audits it is required to perform.
B. All funds in the Homebuilder Revolving Fund and in the
Oklahoma Increased Housing Fund shall be exempt from any present or
future claims by bondholders or other debt holders of OHFA related
to any claim against OHFA for other housing programs administered by
OHFA.
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.