Okla. Stat. tit. 62, § 62-91.5: Administrator and certifying agency – Powers and duties

A. The State Treasurer is hereby authorized to administer the

Oklahoma Rural and Affordable Housing Linked Deposit Program. The

State Treasurer and the certifying agency shall be exempt from

Articles I and II of the Administrative Procedures Act when taking

actions pursuant to this act. The State Treasurer and the

certifying agency are authorized to issue guidelines in a manner

similar to the Administrative Procedures Act, Section 250.1 et seq.

of Title 75 of the Oklahoma Statutes.

B. The certifying agency will develop guidelines which, after

review and approval by the State Treasurer, will address maximum

possible participation amounts per each unit of single-family or

multifamily housing for land acquisition, site development, and

construction, as well as eligibility requirements as to sale or

rental price limitations and type of housing.

C. The State Treasurer shall submit an annual report outlining

the status of the Oklahoma Rural and Affordable Housing Linked

Deposit Program to the Governor, the Lieutenant Governor, the

President Pro Tempore of the Senate, and the Speaker of the House of

Representatives.