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§ 5103. Pooling issuer--Authority

Oklahoma Statutes AnnotatedTitle 74. State Government

Oklahoma Statutes Annotated
Title 74. State Government (Refs & Annos)
Chapter 71. Local Development Financing Act
74 Okl.St.Ann. § 5103
§ 5103. Pooling issuer--Authority
A pooling issuer is authorized to:
1. Issue a debt obligation which pools issuances of other public entities authorized by a municipality, town or county to issue tax apportionment or tax increment bonds, notes, or other forms of obligations pursuant to the Local Development Act;1 and
2. Attract private investment into the pooled issuance by either the direct investment of funds or by providing a guarantee for debt service for the purpose of implementing the Local Development Financing Act.

Credits

Laws 2004, c. 527, § 2, eff. July 1, 2004.

Footnotes

Title 62, § 850 et seq.
74 Okl. St. Ann. § 5103, OK ST T. 74 § 5103
Current with emergency effective legislation through Chapter 3 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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