Regional Districts may be created pursuant to the provisions of this act, to assist in financing economic development projects which have a substantial regional economic impact, by allowing municipalities and counties comprising such districts to issue bonds in accordance with Section 35 of Article X of the Oklahoma Constitution. Such districts may be comprised of:
1. Two or more municipalities;2. Two or more counties; or3. One or more municipalities and one or more counties.Okla. Stat. tit. 62, § 824
Added by Laws 2001 , HB 1199, c. 318, §1, effective upon approval of the proposed amendment to Section 35 of Article X of the Constitution of the State of Oklahoma set forth in Enrolled House Bill No. 1198 of the 1st Session of the 48th Oklahoma Legislature [State Question 693] and to have the force and effect of law on the date the election results are certified. State Question 693 was approved by the people at the election held 11/5/2002.