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§ 875. Public trusts qualified to borrow money from Authority

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. § 875
§ 875. Public trusts qualified to borrow money from Authority
Public trusts created under the laws of the State of Oklahoma for the purpose of financing industrial development projects involving and specifically limited to new manufacturing or industrial plant facilities, the relocation, refinancing or expansion of existing manufacturing or industrial plant facilities shall be qualified to borrow money from The Oklahoma Industrial Finance Authority as an “Industrial Development Agency” within the meaning of Article X, Section 33A of the Oklahoma State Constitution and of 74 O.S. 1981, Section 853(d), and said Oklahoma Industrial Finance Authority is authorized to accept applications for loans and consider the merits thereof on the same basis as applications of any other industrial development agency, subject to all other provisions of law governing the making of such loans.

Credits

Laws 1965, c. 158, § 1, emerg. eff. May 26, 1965; Laws 1988, c. 88, § 9, emerg. eff. March 30, 1988.
74 Okl. St. Ann. § 875, OK ST T. 74 § 875
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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