Okla. Stat. tit. 74, § 74-5013.1
This is the official text of Okla. Stat. tit. 74, § 74-5013.1, 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.
Minority Business Development Program Fund
Official statutory text
There is hereby created in the State Treasury a revolving fund
for the Oklahoma Department of Commerce to be designated the
"Minority Business Development Program Fund". The fund shall be a
continuing fund, not subject to fiscal year limitations. The fund
shall consist of all monies authorized by law for deposit in such
fund including, but not limited to appropriations, gifts, grants,
private donations, fee revenues and funds by governmental entities
authorized to provide funding for the purposes authorized for the
use of the fund. Monies deposited or apportioned to the credit of
the fund may be expended for the purposes of job creation and
enhancement and business creation and expansion of Oklahoma minority
owned businesses pursuant to law. All monies accruing to the credit
of said fund are hereby appropriated and may be budgeted and
expended by the Oklahoma Department of Commerce for purposes
authorized by law. 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.
Oklahoma Statutes - Title 74. State Government Page 1044
for the Oklahoma Department of Commerce to be designated the
"Minority Business Development Program Fund". The fund shall be a
continuing fund, not subject to fiscal year limitations. The fund
shall consist of all monies authorized by law for deposit in such
fund including, but not limited to appropriations, gifts, grants,
private donations, fee revenues and funds by governmental entities
authorized to provide funding for the purposes authorized for the
use of the fund. Monies deposited or apportioned to the credit of
the fund may be expended for the purposes of job creation and
enhancement and business creation and expansion of Oklahoma minority
owned businesses pursuant to law. All monies accruing to the credit
of said fund are hereby appropriated and may be budgeted and
expended by the Oklahoma Department of Commerce for purposes
authorized by law. 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.
Oklahoma Statutes - Title 74. State Government Page 1044
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.