Okla. Stat. tit. 74, § 74-5085.16
This is the official text of Okla. Stat. tit. 74, § 74-5085.16, 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.
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Effect
Official statutory text
None of the provisions of the Oklahoma Capital Formation Act
shall alter, amend, modify, affect, diminish, or impair the
enforceability of, or any obligation or liability of the Oklahoma
Science and Technology Research and Development Board or any entity
which is a subsidiary or affiliate of the Board or any entity which
is controlled either directly or indirectly by the Board under any
contract, agreement, guarantee, or instrument entered into or
delivered by such party with any business entity or bank, financial
institution, or any other entity existing as of June 8, 2012,
including, without limitation, any guarantee extended by the Board
and any assignment of any third-party commitments to purchase, and
proceeds released from the sale of, tax credits, all of which shall
remain in full force and effect.
shall alter, amend, modify, affect, diminish, or impair the
enforceability of, or any obligation or liability of the Oklahoma
Science and Technology Research and Development Board or any entity
which is a subsidiary or affiliate of the Board or any entity which
is controlled either directly or indirectly by the Board under any
contract, agreement, guarantee, or instrument entered into or
delivered by such party with any business entity or bank, financial
institution, or any other entity existing as of June 8, 2012,
including, without limitation, any guarantee extended by the Board
and any assignment of any third-party commitments to purchase, and
proceeds released from the sale of, tax credits, all of which shall
remain in full force and effect.
Status: in_force · Read it on the official government site
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