Okla. Stat. tit. 74 § 868

Current through Laws 2024, c. 453.
Section 868 - Payment of administrative expenses

The Oklahoma Industrial Finance Authority is hereby authorized and directed to pay costs of administering the state's industrial loan program, as provided in House Bill No. 794, O.S.L. 1959, out of interest income received by said Authority from its loans, not otherwise required for payment of interest and principal on the Authority's outstanding bonds, such administrative costs to be paid from the Industrial Development Loan Fund, in the manner provided by law.

Okla. Stat. tit. 74, § 868

Laws 1961, SB 77, p. 654, § 2, emerg. eff. 7/31/1961; Amended by Laws 1986, HB 1944, c. 207, § 69, emerg. eff. 7/1/1986; Amended by Laws 1988, HB 1795, c. 88, § 7, emerg. eff. 3/30/1988.