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§ 85.47a. Definitions

Oklahoma Statutes AnnotatedTitle 74. State Government

Oklahoma Statutes Annotated
Title 74. State Government (Refs & Annos)
Chapter 4. Department of Central Services
Oklahoma Small Business Surety Bond Guaranty Program Act
74 Okl.St.Ann. § 85.47a
§ 85.47a. Definitions
Currentness
1. “Administrator” means the Small Business Surety Bond Guaranty Program Administrator;
2. “Fund” means the Small Business Surety Bond Guaranty Fund;
3. “Indemnity fund” means a fund established through the Office of Management and Enterprise Services to underwrite the Small Business Surety Bond Guaranty Program;
4. “Principal” means a small business entity as defined pursuant to Section 3 of the Small Business Act, 16 U.S.C. Section 632;
5. “Program” means the Small Business Surety Bond Guaranty Program; and
6. “Surety” means a corporation granted authority by the Insurance Commissioner to write bonds or insurance in this state guaranteeing the performance of contracts.

Credits

Laws 1990, c. 236, § 2, eff. July 1, 1991; Laws 2012, c. 304, § 768.
74 Okl. St. Ann. § 85.47a, OK ST T. 74 § 85.47a
Current with emergency effective legislation through Chapter 106 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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