Okla. Admin. Code § 150:145-1-2

Current through Vol. 42, No. 6, December 2, 2024
Section 150:145-1-2 - Definitions

The following words and terms, when used in this chapter, shall have the following meaning, unless the context clearly indicates otherwise:

"Department" means the Oklahoma Department of Commerce.

"Economic development pool"means proceeds of obligations sold by the Authority to provide resources for eligible local government entities or a local government entity in conjunction with a for-profit business entity to finance an eligible economic development project or other purposes authorized by this act. [62 O.S. 891.3(9)]

"Infrastructure pool"means the proceeds of obligations sold by the Authority to provide resources for eligible local government entities to provide financing for infrastructure or other purposes authorized by this act. [ 62 O.S. 891.3 (14)]

"Public-private partner development pool"means proceeds of obligations sold by the Oklahoma Development Finance Authority to provide resources for eligible local government entities to provide financing for infrastructure in conjunction with for-profit business entities and federal government defense entities or any other purpose authorized by this act. [62 O.S. 891.3 (17)]

Okla. Admin. Code § 150:145-1-2

Adopted by Oklahoma Register, Volume 37, Issue 24, September 1, 2020, eff. 9/11/2020