Okla. Stat. tit. 74 § 5063.4f

Current through Laws 2024, c. 453.
Section 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.

Okla. Stat. tit. 74, § 5063.4f

Added by Laws 1990, SB 460, c. 342, § 14, emerg. eff. 5/30/1990.