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§ 9010.3. Definitions

Oklahoma Statutes AnnotatedTitle 62. Public FinanceEffective: November 1, 2019

Oklahoma Statutes Annotated
Title 62. Public Finance (Refs & Annos)
Chapter 20. Pay for Success Act
Effective: November 1, 2019
62 Okl.St.Ann. § 9010.3
§ 9010.3. Definitions
Currentness
As used in the Pay for Success Act:
1. “Pay-for-success contract” or “contract” means a written agreement executed in order to create a public-private partnership contingent upon a specified service or program meeting specified performance targets and outcome measures; and
2. “Success payment” means a single payment or schedule of payments that is identified in a pay-for-success contract to be paid when specified performance targets and outcome measures are met.

Credits

Laws 2019, c. 202, § 3, eff. Nov. 1, 2019.
62 Okl. St. Ann. § 9010.3, OK ST T. 62 § 9010.3
Current with emergency effective legislation through Chapter 29 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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