Okla. Stat. tit. 74, § 74-85.47b
This is the official text of Okla. Stat. tit. 74, § 74-85.47b, 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.
Administrator - Powers and duties
Official statutory text
The Administrator shall be authorized to:
1. Use the services of other governmental agencies and public
trusts which are necessary to carry out the provisions of this act;
2. Contract for and accept, for use in carrying out the
provisions of this program, loans and grants from the federal
government and any of its agencies and instrumentalities and from
public trusts;
3. Acquire, manage, operate, dispose of, or otherwise deal with
property, take assignments of rentals and leases, and make
contracts, leases, agreements and arrangements that are necessary or
incidental to the performance of his duties;
4. Prescribe or approve the form of and terms and conditions in
applications, guarantee agreements or any other documents entered
into by the Administrator, principals or sureties in connection with
the program;
5. Acquire or take assignments of documents executed, obtained
or delivered in connection with any assistance provided under this
program; and
6. Fix, determine, charge and collect any premiums and fees
pursuant to rules promulgated by the Director of the Office of
Management and Enterprise Services.
1. Use the services of other governmental agencies and public
trusts which are necessary to carry out the provisions of this act;
2. Contract for and accept, for use in carrying out the
provisions of this program, loans and grants from the federal
government and any of its agencies and instrumentalities and from
public trusts;
3. Acquire, manage, operate, dispose of, or otherwise deal with
property, take assignments of rentals and leases, and make
contracts, leases, agreements and arrangements that are necessary or
incidental to the performance of his duties;
4. Prescribe or approve the form of and terms and conditions in
applications, guarantee agreements or any other documents entered
into by the Administrator, principals or sureties in connection with
the program;
5. Acquire or take assignments of documents executed, obtained
or delivered in connection with any assistance provided under this
program; and
6. Fix, determine, charge and collect any premiums and fees
pursuant to rules promulgated by the Director of the Office of
Management and Enterprise Services.
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.