Okla. Stat. tit. 62, § 62-2011: Administrative expenses not to be paid from Rural

Economic Action Plan funds - Treble damages - Initial planning

expenditures.

A. Except as otherwise provided by subsection C of this

section, the funds available pursuant to the provisions of Section

2006 of this title shall not be used to pay any administrative

expenses of the entity requesting the funds. The Oklahoma

Department of Commerce shall monitor expenditures made pursuant to

the Rural Economic Action Plan Act to ensure compliance with the

provisions of this section. Such funds shall be audited by the

State Auditor and Inspector in the manner provided by law for audits

of other state funds. Misuse of funds by an entity shall disqualify

the entity from further funding for a period of one (1) year from

the date as of which any report by the Oklahoma Department of

Commerce is issued revealing a violation of the requirements of this

section.

B. Except for funds authorized by subsection C of this section,

an entity which violates the provisions of this section shall be

liable to the State of Oklahoma for treble the amount of funds

identified as having been impermissibly used for the payment or

reimbursement of administrative expenses. The payment shall be made

to the Oklahoma Department of Commerce for deposit in the Rural

Economic Action Plan Fund and such funds shall become available for

distribution as otherwise provided by Section 2001 et seq. of this

title except that no such funds shall be paid to an entity which has

been required to make the treble damage payment.

C. Upon verification by the Oklahoma Department of Commerce

that an entity is qualified to receive funds for a purpose

authorized by this section, the entity shall be eligible for an

initial planning expenditure payment of not to exceed five percent

(5%) of the amount contained in the account created for the entity

pursuant to Section 2006 of this title.