Okla. Stat. tit. 74 § 5103

Current through Laws 2024, c. 453.

Section 5103 - Pooling issuer - Authority

A pooling issuer is authorized to:

1. Issue a debt obligation which pools issuances of other public entities authorized by a municipality, town or county to issue tax apportionment or tax increment bonds, notes, or other forms of obligations pursuant to the Local Development Act; and

2. Attract private investment into the pooled issuance by either the direct investment of funds or by providing a guarantee for debt service for the purpose of implementing the Local Development Financing Act.

Okla. Stat. tit. 74, § 5103

Added by Laws 2004 , SB 865, c. 527, §2, emerg. eff. 7/1/2004.