Okla. Stat. tit. 74, § 74-9052
This is the official text of Okla. Stat. tit. 74, § 74-9052, 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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Definitions
Official statutory text
As used in this act:
1. "Authority" shall mean the Oklahoma Development Finance
Authority pursuant to Section 5062.1 et seq. of Title 74 of the
Oklahoma Statutes;
Oklahoma Statutes - Title 74. State Government Page 1245
2. "Extraordinary costs" shall mean costs incurred by an
unregulated utility related to the extreme weather that occurred
beginning February 7, 2021, and ending February 21, 2021, including
but not limited to fuel-related storage and associated costs,
emergency compressed or liquified natural gas supplies, contracts
for services providing additional pressurization on lines and
transportation pipeline penalties. Extraordinary costs shall not
include extreme purchase costs, as defined in this section;
3. "Extreme purchase costs" shall mean expenses incurred for
the purchase of fuel, purchased power, natural gas commodity or any
combination thereof, whether at spot pricing, index pricing or
otherwise with delivery from February 7, 2021, through February 21,
2021;
4. "Qualified costs" shall mean the extreme purchase costs and
extraordinary costs, as calculated and set out by the Oklahoma
Development Finance Authority following a review of a loan
application of an unregulated utility submitted pursuant to this
act, less any insurance proceeds, governmental grants or other
funding sources;
5. "Unregulated utility" shall mean any utility, as defined in
this act, doing business in this state, or any public trust
designated for the benefit of a utility or municipality, which is
not a regulated utility subject to the regulatory jurisdiction of
the Oklahoma Corporation Commission with respect to its rates,
charges and terms and conditions of service;
6. "Utility" shall mean any person or entity doing business in
this state that furnishes natural gas or electric current to its
customers or members located at an address in this state and within
the service area of the utility;
7. "Utility revenue bond" shall mean any bond, revenue bond,
notes or other evidence of obligations of the Oklahoma Development
Finance Authority issued by the Authority pursuant to this act
including, but not limited to, bond anticipation notes and refunding
bonds, for the purpose set forth in this act; and
8. "Unregulated Utility Consumer Protection Fund" shall mean
the fund created pursuant to Section 7 of this act.
1. "Authority" shall mean the Oklahoma Development Finance
Authority pursuant to Section 5062.1 et seq. of Title 74 of the
Oklahoma Statutes;
Oklahoma Statutes - Title 74. State Government Page 1245
2. "Extraordinary costs" shall mean costs incurred by an
unregulated utility related to the extreme weather that occurred
beginning February 7, 2021, and ending February 21, 2021, including
but not limited to fuel-related storage and associated costs,
emergency compressed or liquified natural gas supplies, contracts
for services providing additional pressurization on lines and
transportation pipeline penalties. Extraordinary costs shall not
include extreme purchase costs, as defined in this section;
3. "Extreme purchase costs" shall mean expenses incurred for
the purchase of fuel, purchased power, natural gas commodity or any
combination thereof, whether at spot pricing, index pricing or
otherwise with delivery from February 7, 2021, through February 21,
2021;
4. "Qualified costs" shall mean the extreme purchase costs and
extraordinary costs, as calculated and set out by the Oklahoma
Development Finance Authority following a review of a loan
application of an unregulated utility submitted pursuant to this
act, less any insurance proceeds, governmental grants or other
funding sources;
5. "Unregulated utility" shall mean any utility, as defined in
this act, doing business in this state, or any public trust
designated for the benefit of a utility or municipality, which is
not a regulated utility subject to the regulatory jurisdiction of
the Oklahoma Corporation Commission with respect to its rates,
charges and terms and conditions of service;
6. "Utility" shall mean any person or entity doing business in
this state that furnishes natural gas or electric current to its
customers or members located at an address in this state and within
the service area of the utility;
7. "Utility revenue bond" shall mean any bond, revenue bond,
notes or other evidence of obligations of the Oklahoma Development
Finance Authority issued by the Authority pursuant to this act
including, but not limited to, bond anticipation notes and refunding
bonds, for the purpose set forth in this act; and
8. "Unregulated Utility Consumer Protection Fund" shall mean
the fund created pursuant to Section 7 of this act.
Status: in_force · Read it on the official government site
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