Okla. Stat. tit. 74, § 74-875
This is the official text of Okla. Stat. tit. 74, § 74-875, 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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Public trusts qualified to borrow money from Authority
Official statutory text
Public trusts created under the laws of the State of Oklahoma
for the purpose of financing industrial development projects
involving and specifically limited to new manufacturing or
industrial plant facilities, the relocation, refinancing or
expansion of existing manufacturing or industrial plant facilities
shall be qualified to borrow money from The Oklahoma Industrial
Finance Authority as an "Industrial Development Agency" within the
meaning of Article X, Section 33A of the Oklahoma State Constitution
Oklahoma Statutes - Title 74. State Government Page 590
and of 74 O.S. 1981, Section 853(d), and said Oklahoma Industrial
Finance Authority is authorized to accept applications for loans and
consider the merits thereof on the same basis as applications of any
other industrial development agency, subject to all other provisions
of law governing the making of such loans.
for the purpose of financing industrial development projects
involving and specifically limited to new manufacturing or
industrial plant facilities, the relocation, refinancing or
expansion of existing manufacturing or industrial plant facilities
shall be qualified to borrow money from The Oklahoma Industrial
Finance Authority as an "Industrial Development Agency" within the
meaning of Article X, Section 33A of the Oklahoma State Constitution
Oklahoma Statutes - Title 74. State Government Page 590
and of 74 O.S. 1981, Section 853(d), and said Oklahoma Industrial
Finance Authority is authorized to accept applications for loans and
consider the merits thereof on the same basis as applications of any
other industrial development agency, subject to all other provisions
of law governing the making of such loans.
Status: in_force · Read it on the official government site
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