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§ 2903.5. Program exemptions

Oklahoma Statutes AnnotatedTitle 74. State GovernmentEffective: July 1, 2023

Oklahoma Statutes Annotated
Title 74. State Government (Refs & Annos)
Chapter 47K. Oklahoma Housing Stability Program
Effective: July 1, 2023
74 Okl.St.Ann. § 2903.5
§ 2903.5. Program exemptions
Currentness
A. For the Oklahoma Housing Finance Agency's programs, the Oklahoma Homebuilder Program, funded by the Homebuilder Revolving Fund, and the Oklahoma Increased Housing Program, funded by the Oklahoma Increased Housing Revolving Fund, the Oklahoma Housing Finance Agency (OHFA) shall be exempt from the Oklahoma State Finance Act,1 the Oklahoma Central Purchasing Act,2 and the Public Competitive Bidding Act of 1974.3 OHFA shall be subject to all financial regulations and reports currently required of OHFA, including all audits it is required to perform.
B. All funds in the Homebuilder Revolving Fund and in the Oklahoma Increased Housing Fund shall be exempt from any present or future claims by bondholders or other debt holders of OHFA related to any claim against OHFA for other housing programs administered by OHFA.

Credits

Laws 2023, 1st Ex.Sess., c. 22, c. 22, § 6, eff. July 1, 2023.

Footnotes

1
Title 62, § 34 et seq.
2
Title 74, § 85.1 et seq.
3
Title 61, § 101 et seq.
74 Okl. St. Ann. § 2903.5, OK ST T. 74 § 2903.5
Current with emergency effective legislation through Chapter 295 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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