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§ 5063.4f. Reserve fund

Oklahoma Statutes AnnotatedTitle 74. State Government

Oklahoma Statutes Annotated
Title 74. State Government (Refs & Annos)
Chapter 70. Department of Commerce (Refs & Annos)
Credit Enhancement Reserve Fund Act
74 Okl.St.Ann. § 5063.4f
§ 5063.4f. Reserve fund
The Oklahoma Development Finance Authority may grant credit enhancement to the funding of reserve fund backed loan guarantee programs in accordance with criteria and standards established by the Authority pursuant to rules. Private financial institutions to which credit enhancements have been granted on behalf of loans made to borrowers may be required to partially secure a reserve fund.

Credits

Laws 1990, c. 342, § 14, emerg. eff. May 30, 1990.
74 Okl. St. Ann. § 5063.4f, OK ST T. 74 § 5063.4f
Current with emergency effective legislation through Chapter 125 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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