Okla. Admin. Code § 415:10-1-2
The following words or terms, when used in this Chapter, shall have the following meaning, unless the context clearly indicates otherwise:
"Act" or "the Act" means the Oklahoma Small Business Linked Deposit Act, in 62 O.S. Sections 88.1 et seq., as amended.
"Board" means the Oklahoma Linked Deposit Review Board.
"Control" means direct or indirect ownership of, or holding with the power to vote, at least fifty percent (50%) of the voting shares of a company, or fifty percent (50%) ownership or voting power of any other business entity. It shall also include serving as President or Chairman of the Board of a company.
"Employee" means any person engaged in the employment of any person, firm, partnership or company. The term "employee" shall not apply to independent contractors, nor shall it apply to leased or loaned employees obtained from a business entity in the temporary employee or employee leasing business unless the business entity and the "eligible participant", as defined by § 88.2 of Title 62, are joint employers and the employees can be separately reported to the Oklahoma Employment Security Commission and reflected as employees of the eligible participant.
"Office of State Treasurer" or "OST" means the agency governed by the State Treasurer.
"Quorum" means four members of the Oklahoma Linked Deposit Review Board. Any action recommending the acceptance of a loan application must have the affirmative vote of the majority of the Board members present. In no event shall the package be approved for recommendation by less than three members of the Board.
"Readmittance application" a readmittance application is an application that is received more than 60 days after the linked deposit has reached final maturity.
"Renewal application" means an application that is received in the Linked Deposit Office within 60 days after the final maturity of the linked deposit loan.
Okla. Admin. Code § 415:10-1-2