Okla. Stat. tit. 74, § 74-5063.4a: Portfolio mix categories

A. Credit enhancement granted by the Oklahoma Development

Finance Authority shall be categorized by use as portfolio mix

categories as follows:

1. Industrial, agribusiness, and other private activity;

2. Infrastructure and other publicly owned facilities of

governmental entities;

3. Health care and other nonprofit-owned facilities; and

4. The Quality Jobs Investment Program established pursuant to

Section 5062.8a of this title.

B. The balance, as determined by the total principal amount

authorized pursuant to Section 5063.11 of this title less the amount

of Credit Enhancement Reserve Fund applications approved by the Bond

Oversight Commissions prior to June 9, 1990, less the amount

allocated pursuant to Section 5063.4i of this title, shall be

allocated to the portfolio mix categories as follows:

1. Twenty-five percent (25%) of said balance shall be allocated

to the industrial, agribusiness, and other private activity

portfolio mix category; and

2. Seventy-five percent (75%) of said balance shall be

allocated to the infrastructure and other publicly owned facilities

of governmental entities portfolio mix category, health care and

other nonprofit-owned facilities portfolio mix category; provided,

no more than twenty percent (20%) of this allocation may be used for

health care and other nonprofit-owned facility projects.

C. The Authority is authorized to credit enhance and secure the

payment of principal, interest and premium, if any, on the revenue

bonds and other financial obligations issued pursuant to the

Oklahoma Development Finance Authority Act, the Local Development

Financing Act and the Credit Enhancement Reserve Fund Act. Except

as used for the Small Business Credit Enhancement Program, the

original principal amount of a credit enhancement commitment of the

Authority granted to obligations in the industrial, agribusiness,

and other private activity portfolio mix category shall not exceed

Two Million Five Hundred Thousand Dollars ($2,500,000.00).

D. To maximize use of the credit enhancement resource and to

assure the viability of the Fund, the Fund shall have a balanced

portfolio by loan size. In the case of the industrial,

agribusiness, and other private activity portfolio mix category, the

Fund shall strive to achieve a cumulative average loan size of less

than One Million Dollars ($1,000,000.00).

E. Notwithstanding any other provisions of this act, any

obligations issued pursuant to the Local Development Financing Act

may be allocated to any of the portfolio mix categories pursuant to

this section and Section 5063.4 of this title.