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§ 5074. Director--Powers and duties

Oklahoma Statutes AnnotatedTitle 74. State Government

Oklahoma Statutes Annotated
Title 74. State Government (Refs & Annos)
Chapter 70. Department of Commerce (Refs & Annos)
Small Business Incubators Incentives Act
74 Okl.St.Ann. § 5074
§ 5074. Director--Powers and duties
Currentness
The Director of the Oklahoma Department of Commerce shall have the power and authority to carry out the following functions:
1. Solicit support and participation of public and private agencies, universities and other institutions for the purposes of establishing and operating incubators;
2. Assemble, publish and disseminate information to potential sponsors and tenants in this state regarding small business opportunities, techniques for forming incubators, sources of public and private assistance and sources of related financing;
3. Organize, host and participate in seminars and other forums designed to disseminate information and technical assistance regarding incubators to small businesses in this state;
4. Review and approve applications from potential sponsors which seek to qualify for exemption from state income tax pursuant to Sections 5 and 6 of this act;1 and
5. Establish a volunteer, local advisory committee, consisting of representatives from business and administrators at educational institutions and other groups, to assist in the performance of these functions.

Credits

Laws 1987, c. 228, § 4, eff. Jan. 1, 1988.

Footnotes

1
Title 74, §§ 5075 and 5076.
74 Okl. St. Ann. § 5074, OK ST T. 74 § 5074
Current with emergency effective legislation through Chapter 257 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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