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§ 91.9. Liability of state and certifying agency for loan payments

Oklahoma Statutes AnnotatedTitle 62. Public Finance

Oklahoma Statutes Annotated
Title 62. Public Finance (Refs & Annos)
Chapter 1. State Fiscal Affairs
Oklahoma Rural and Affordable Housing Linked Deposit Act
62 Okl.St.Ann. § 91.9
§ 91.9. Liability of state and certifying agency for loan payments
The state, the State Treasurer, and the certifying agency shall not be liable to any eligible lending institution in any manner for payment of the principal or interest on the loan to an eligible rural housing developer. Any delay in payments or default on the part of an eligible rural housing developer does not in any manner affect the rural housing linked deposit agreement between the eligible lending institution and the State Treasurer.

Credits

Laws 2002, c. 287, § 9, eff. July 1, 2002.
62 Okl. St. Ann. § 91.9, OK ST T. 62 § 91.9
Current with emergency effective legislation through Chapter 257 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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