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Okla. Stat. tit. 68, § 3656

Use of Credit Enhancement Reserve Fund for issuance of obligations

Official textoscn.netlast amended

# A.

The Oklahoma Development Finance Authority may use the
Credit Enhancement Reserve Fund in order to obtain favorable financing terms for the issuance of obligations authorized by Section 3654 of this title. The commitment from the Credit Enhancement Reserve Fund for any such obligations shall not exceed Ten Million Dollars ($10,000,000.00).

# B.

For purposes of the issuance authorized by Section 3654 of this title, the provisions of Section 5063.4c of Title 74 of the Oklahoma Statutes shall not be applicable.

Amendment history

Added by Laws 2002, c. 299, § 6, emerg. eff. May 23, 2002. Amended by Laws 2008, c. 182, § 5, eff. Nov. 1, 2008.

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Nearby sections (25 sections)
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  2. 3646.5 · Repealed by Laws 2025, c. 315, § 1
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  4. 3647.2 · Definitions
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  8. 3651 · Short title
  9. 3652 · Legislative findings
  10. 3653 · Definitions
  11. 3654 · Issuance of obligations - Calculation of foregone incentives -…
  12. 3655 · Proposed amount of investment and expenditure - Period required…
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  18. 3701 · Repealed by Laws 2018, c. 156, § 2, eff. Nov. 1, 2018
  19. 3702 · Repealed by Laws 2018, c. 156, § 2, eff. Nov. 1, 2018
  20. 3703 · Repealed by Laws 2018, c. 156, § 2, eff. Nov. 1, 2018
  21. 3704 · Repealed by Laws 2018, c. 156, § 2, eff. Nov. 1, 2018
  22. 3705 · Repealed by Laws 2018, c. 156, § 2, eff. Nov. 1, 2018
  23. 3706 · Repealed by Laws 2018, c. 156, § 2, eff. Nov. 1, 2018
  24. 3707 · Repealed by Laws 2018, c. 156, § 2, eff. Nov. 1, 2018
  25. 3708 · Repealed by Laws 2018, c. 156, § 2, eff. Nov. 1, 2018
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