Okla. Stat. tit. 62, § 62-891.15: Community Economic Development Pooled Finance Revolving
Where this section sits in the code
- OK Code
- Title 62
Fund.
There is hereby created in the State Treasury a revolving fund
for the Oklahoma Development Finance Authority to be designated the
"Community Economic Development Pooled Finance Revolving Fund". The
fund shall be a continuing fund, not subject to fiscal year
limitations, and shall consist of all monies received by the
Oklahoma Development Finance Authority from revenues derived from
levies imposed by counties, cities, towns or combinations of such
local governmental entities as provided by this act in addition to
any withholding tax revenues as provided by Section 891.12 of this
title or Section 5 of this act. All monies accruing to the credit
of said fund are hereby appropriated and may be budgeted and
expended by the Oklahoma Development Finance Authority for the
purpose of paying principal, interest and other costs of borrowing
by the Authority as authorized by this act. Expenditures from said
fund shall be made upon warrants issued by the State Treasurer
against claims filed as prescribed by law with the Director of the
Office of Management and Enterprise Services for approval and
payment.
Collected 2026-09-14T18:32:36Z. Source file · JSON