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Oklahoma · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Okla. Stat. tit. 73, § 73-187A-2: Utilization of LCF funds for the Oklahoma State

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Where this section sits in the code
  1. OK Code
  2. Title 73

University Veterinary Medicine Authority.

A. In addition to any other authorization provided by law, the

Oklahoma Capitol Improvement Authority is authorized to utilize

available funds from the Legacy Capital Financing Fund created by

Enrolled House Bill No. 1002 of the 1st Extraordinary Session of the

59th Oklahoma Legislature, in the amount of Seventy-nine Million

Dollars ($79,000,000.00) for the benefit of the Oklahoma State

University Veterinary Medicine Authority (OSUVMA) created pursuant

to Enrolled House Bill No. 2863 of the 1st Session of the 59th

Oklahoma Legislature to construct, refurbish, or expand animal

teaching hospitals and related facilities.

B. LCF Recapitalization Payments shall be made related to the

distribution of proceeds provided in subsection A of this section,

in accordance with the provisions of the Legacy Capital Financing

Act.

C. The Authority may distribute funds authorized pursuant to

subsection A of this section in one or more tranches.

D. The Authority may enter memoranda of understanding with

agencies, departments, and subdivisions of the state as needed to

facilitate the provisions of this act, provided that such memoranda

of understanding do not constitute a legal obligation of the State

of Oklahoma or impede the administration of the provisions of the

Legacy Capital Financing Act.

Collected 2026-09-14T18:32:36Z. Source file · JSON

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