Okla. Stat. tit. 70, § 70-15-204: Application by school districts for bond guarantee

program.

A school district seeking the guarantee of eligible bonds shall

apply to the Commissioners on an application which must include:

1. The name of the school district and the principal amount of

the bonds to be issued;

2. The maturity schedule, estimated interest rate and date of

the bonds; and

3. Any other information as deemed necessary and appropriate by

the Commissioners of the Land Office.

The application must be accompanied by a fee set by the

Commissioners in an amount to cover costs of administering the

guarantee program. The Commissioners and the State Bond Advisor

shall enter into an interagency agreement in order to administer

their responsibilities pursuant to the provisions of this act.

From the fees collected, the Commissioners shall enter into a

cooperative agreement with the State Bond Advisor to defray any

administrative costs of his office in carrying out the provisions of

this act.