Okla. Stat. tit. 74, § 74-5073: Definitions
Where this section sits in the code
- OK Code
- Title 74
As used in this act:
1. "Director" means the Director of the Oklahoma Department of
Commerce;
2. "Incubator" means a facility in which small units of space
may be leased by a tenant and in which management maintains or
provides access to business development services for use by tenants;
3. "Sponsor" means an organization, with a registered office or
other office or offices in this state, which enters into a written
agreement with the Oklahoma Department of Commerce to establish,
operate, and administer a small business incubator facility or to
provide funding to an organization which operates such a facility,
including municipalities, universities, industrial and commercial
development authorities, redevelopment authorities, municipal
authorities, or any private nonprofit or for-profit organization
approved by the Oklahoma Department of Commerce; and
4. "Tenant" means a sole proprietorship, business partnership,
or corporation operating a business for profit and leasing or
otherwise occupying space in an incubator.
Collected 2026-09-14T18:32:36Z. Source file · JSON