{"data":{"id":"us-ok/okla.-stat.-tit.-62-62-891.9","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 62, § 62-891.9","heading":"Local governments liable for debt issued — Payments","body":"A. With respect to an eligible project financed through the\n\nInfrastructure Pool, local government entities shall be required to\n\nbe financially responsible for the repayment of the debt issued by\n\nthe Oklahoma Development Finance Authority.\n\nB. With respect to obligations incurred by the Authority for an\n\nauthorized infrastructure project, local government entities shall\n\nmake payments to the Oklahoma Development Finance Authority for\n\nprincipal, interest, required reserve amounts, and any other amount\n\nrequired in order to make the obligations issued by the Authority\n\nmarketable.\n\nC. Repayment by local government entities pursuant to the\n\nprovisions of this section shall consist of authorized revenue\n\nsources including, but not limited to, taxes levied by the local\n\ngovernment entities or which are available for use by such entities\n\npursuant to the provisions of Section 1370 of Title 68 of the\n\nOklahoma Statutes, Section 2701 et seq. of Title 68 of the Oklahoma\n\nStatutes and the provisions of Sections 13 and 14 of this act.\n\nD. The Authority shall use the monies in the Community Economic\n\nDevelopment Pooled Finance Revolving Fund created by Section 15 of\n\nthis act in order to make payments of principal, interest and other\n\ncosts.","path":["OK Code","Title 62"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os62.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"a14d23c81945beee5290ea7306ede44fe921a2978d38a2a0777f12b123566bba","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-62-62-891.8","next":"us-ok/okla.-stat.-tit.-62-62-895"},"notice":"GroundRules: Original legal text. Not legal advice."}