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§ 868. Payment of administrative expenses

Oklahoma Statutes AnnotatedTitle 74. State Government

Oklahoma Statutes Annotated
Title 74. State Government (Refs & Annos)
Chapter 28. Oklahoma Industrial Finance Authority Act (Refs & Annos)
74 Okl.St.Ann. § 868
§ 868. Payment of administrative expenses
The Oklahoma Industrial Finance Authority is hereby authorized and directed to pay costs of administering the state's industrial loan program, as provided in House Bill No. 794, O.S.L.1959, out of interest income received by said Authority from its loans, not otherwise required for payment of interest and principal on the Authority's outstanding bonds, such administrative costs to be paid from the Industrial Development Loan Fund, in the manner provided by law.

Credits

Laws 1961, p. 654, § 2, emerg. eff. July 31, 1961; Laws 1986, c. 207, § 69, operative July 1, 1986; Laws 1988, c. 88, § 7, emerg. eff. March 30, 1988.
74 Okl. St. Ann. § 868, OK ST T. 74 § 868
Current with legislation of the Second Regular Session of the 59th Legislature (2024) effective as of July 1, 2024. Some sections may be more current, see credits for details.
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